M&A Deal Summary

Smart Modular Technologies Acquires Artesyn Embedded Technologies - Embedded Computing Business

On July 9, 2019, Smart Modular Technologies acquired technology hardware company Artesyn Embedded Technologies - Embedded Computing Business from Artesyn Embedded Technologies

Acquisition Highlights
  • This is Smart Modular Technologies’ 1st transaction in the Technology Hardware sector.
  • This is Smart Modular Technologies’ 1st transaction in the United States.
  • This is Smart Modular Technologies’ 1st transaction in Arizona.

M&A Deal Summary
Date 2019-07-09
Target Artesyn Embedded Technologies - Embedded Computing Business
Sector Technology Hardware
Buyer(s) Smart Modular Technologies
Sellers(s) Artesyn Embedded Technologies
Deal Type Divestiture

Target

Artesyn Embedded Technologies - Embedded Computing Business

Tempe, Arizona, United States
Artesyn Embedded Technologies, Inc. - Embedded Computing Business is a provider of embedded computing solutions based on open standards such as ATCA®, VMEbus, PCI Express and computer-on-module, with a large portfolio of long-life-cycle products, strong supplier partnerships and long-standing customer relationships.

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Buyer(S) 1

Buyer

Smart Modular Technologies

Newark, California, United States
Category Company
Founded 1989
Sector Technology Hardware
Revenue 1.5B USD (2021)
DESCRIPTION

Smart Modular Technologies is a developer and manufacturer of DRAM and Flash-based modules and subsystems for computing, communications, embedded, and defense applications. Smart Modular Technologies was founded in 1988 and is based in Newark, California.

DEAL STATS #
Overall 1 of 2
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 2
State (Arizona) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-19 Cree - LED Products Business Unit

Durham, North Carolina, United States

Cree LED comprises a broad portfolio of highly efficient LED chips and high-performance LED components. The company has a track record of delivering best-in-class solutions through well-established distribution and sales channels.

Buy $300M

Seller(S) 1

SELLER

Artesyn Embedded Technologies

Tempe, Arizona, United States
Category Company
Founded 1968
Sector Technology Hardware
DESCRIPTION

Artesyn Embedded Technologies is a designer, manufacturer, and seller of power conversion and embedded board solutions for infrastructure applications in server and storage, networking, wireless, and telecommunications systems. Artesyn Embedded Technologies, Inc. products are used in middle to high-end servers, data storage devices, routers, hubs, high-speed modems, RF amplification systems, base station controllers and transceivers.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

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