Add-on Acquisition • Semiconductors

Silicon Motion Technology Acquires Shanghai Baocun Information Technology Co.

On April 24, 2015, Silicon Motion Technology acquired semiconductors company Shanghai Baocun Information Technology Co. for 58M USD

Acquisition Context
  • This is Silicon Motion Technology’s 2nd transaction in the Semiconductors sector.
  • This is Silicon Motion Technology’s 2nd largest (disclosed) transaction.
  • This is Silicon Motion Technology’s 1st transaction in China.

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M&A Deal Summary

Date April 24, 2015
Target Shanghai Baocun Information Technology Co.
Sector Semiconductors
Buyer(s) Silicon Motion Technology
Deal Type Add-on Acquisition
Deal Value 58M USD

Target Company

Shanghai Baocun Information Technology Co.

Shanghai, China
Shannon Systems is a supplier of enterprise-class PCIe SSD and storage array solutions to China's internet and other industries.
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Buyer Overview 1

Buyer

Silicon Motion Technology

Kowloon, China

Category Company
Founded 1995
Sector Semiconductors
Revenue 922M USD (2021)
DESCRIPTION

Silicon Motion Technology is a fabless semiconductor company, designs, develops, and markets semiconductor solutions for mobile storage and mobile communications markets. Silicon Motion Technology was founded in 1995 and is based in Kowloon, China.


Deal Context for Buyer #
Overall 2 of 2
Sector: Semiconductors 2 of 2
Type: Add-on Acquisition 2 of 2
Country: China 1 of 1
Year: 2015 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-19 Future Communications IC

Seongnam, South Korea

Future Communications IC Inc. is a leading fabless RF IC designer of low power, low cost semiconductor solutions for mobile TV, car television systems, ETC, DAB and CDMA markets.

Buy $102M