M&A Deal Summary

STMicroelectronics Acquires bTendo

On August 5, 2012, STMicroelectronics acquired electrical equipment company bTendo

Acquisition Highlights
  • This is STMicroelectronics’ 1st transaction in the Electrical Equipment sector.
  • This is STMicroelectronics’ 1st transaction in Israel.

M&A Deal Summary

Date 2012-08-05
Target bTendo
Sector Electrical Equipment
Buyer(s) STMicroelectronics
Deal Type Add-on Acquisition

Target

bTendo

Kfar Saba, Israel
bTendo, as it aims to increase the popularity of consumer electronics with integrated projectors.

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Buyer(S) 1

Buyer

STMicroelectronics

Schiphol, Netherlands

Category Company
Founded 1987
Sector Semiconductors
Employees49,602
Revenue 13.3B USD (2024)
DESCRIPTION

STMicroelectronics is a semiconductor provider delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. STMicroelectronics was founded in 1987 and is based in Schiphol, Netherlands.


DEAL STATS #
Overall 5 of 10
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 7
Country: Israel M&A 1 of 1
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-24 Genesis Microchip

Santa Clara, California, United States

Genesis Microchip, Inc. is a designer and developer of markets integrated circuits.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-29 The Portland Group

Lake Oswego, Oregon, United States

The Portland Group (a.k.a. PGI) is a premier supplier of software compilers and tools for parallel computing, known as PGI® products. The Portland Group offers optimizing parallel FORTRAN 2003, C99 and C++ compilers and tools for workstations, servers and clusters running Linux, MacOS or Windows operating systems based on the microprocessors

Sell -