Divestiture • Semiconductors

Spectrum Control Acquires Aeroflex/Inmet

On April 23, 2015, Spectrum Control acquired semiconductors company Aeroflex/Inmet from Aeroflex Microelectronic Solutions

Acquisition Context
  • This is Spectrum Control’s 1st transaction in the Semiconductors sector.
  • This is Spectrum Control’s 5th transaction in the United States.
  • This is Spectrum Control’s 1st transaction in Michigan.

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M&A Deal Summary

Date April 23, 2015
Target Aeroflex/Inmet
Sector Semiconductors
Buyer(s) Spectrum Control
Sellers(s) Aeroflex Microelectronic Solutions
Deal Type Divestiture

Target Company

Aeroflex/Inmet

Ann Arbor, Michigan, United States
Aeroflex/Inmet, Inc. is a manufactures of transceivers, data buses, analog multiplexers, clock generators.
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Buyer Overview 1

Buyer

Spectrum Control

Fairview, Pennsylvania, United States

Category Company
Founded 1993
Sector Electrical Equipment
Employees1,862
Revenue 226M USD (2014)
DESCRIPTION

Spectrum Control is a designer and manufacturer of high-performance components and subsystems for demanding RF / microwave and electromagnetic spectrum management applications. Spectrum Control provides a broad portfolio of mission-critical products to approximately 1,800 global customers supporting more than 200 programs. Spectrum Control was founded in 1993 and is headquartered in Fairview, Pennsylvania.


Deal Context for Buyer #
Overall 6 of 6
Sector: Semiconductors 1 of 1
Type: Divestiture 2 of 2
State: Michigan 1 of 1
Country: United States 5 of 5
Year: 2015 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-23 Aeroflex / Weinschel

Frederick, Maryland, United States

Aeroflex / Weinschel, Inc. is a manufactures of RF and microwave components.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-30 API Defense USA

Windber, Pennsylvania, United States

API Defense USA, Inc. is a manufacturer, testing, and repair services of electronic components and assemblies for original equipment manufacturers (OEMs) and serves customers in the United States.

Sell -

Seller Profile 1

SELLER

Aeroflex Microelectronic Solutions

Ann Arbor, Michigan, United States

Category Company
Founded 1994
Sector Semiconductors
Employees2,625
DESCRIPTION

Aeroflex Microelectronic Solutions, Inc. is a manufacture of microelectronic components.


Deal Context for Seller #
Overall 1 of 1
Sector: Semiconductors 1 of 1
Type: Divestiture 1 of 1
State: Michigan 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1