M&A Deal Summary

STMicroelectronics Acquires Proton World International NV

On April 24, 2003, STMicroelectronics acquired technology hardware company Proton World International NV

Acquisition Highlights
  • This is STMicroelectronics’ 1st transaction in the Technology Hardware sector.
  • This is STMicroelectronics’ 1st transaction in Belgium.

M&A Deal Summary

Date 2003-04-24
Target Proton World International NV
Sector Technology Hardware
Buyer(s) STMicroelectronics
Deal Type Add-on Acquisition

Target

Proton World International NV

Zaventem, Belgium
Proton World International NV is a provider of high-security payment services.

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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 2 of 10
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 7
Country: Belgium M&A 1 of 1
Year: 2003 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-28 WaferScale Integration

Fremont, California, United States

WaferScale Integration, Inc. a vendor of EPROM and flash memory-based programmable system-chips.

Buy $68M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-17 Synad Technologies

Reading, United Kingdom

Synad is a fabless semiconductor company focused on fulfilling the vision of seamless wireless data connectivity through the development of advanced technologies and products for WLAN. The Mercury5G™ is a dual band multi-standard solution enabling mobility and interoperability across the various WLAN standards being deployed in wireless networks.

Buy -