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  5. Synaptics Acquires Broadcom - Certain Assets and Manufacturing Rights Wireless IoT Connectivity Business

M&A Deal Summary

Synaptics Acquires Broadcom - Certain Assets and Manufacturing Rights Wireless IoT Connectivity Business

On July 7, 2020, Synaptics acquired technology hardware company Broadcom - Certain Assets and Manufacturing Rights Wireless IoT Connectivity Business from Broadcom for 250M USD

Acquisition Highlights
  • This is Synaptics’ 3rd transaction in the Technology Hardware sector.
  • This is Synaptics’ 2nd largest (disclosed) transaction.
  • This is Synaptics’ 1st transaction in Singapore.

M&A Deal Summary
Date 2020-07-07
Target Broadcom - Certain Assets and Manufacturing Rights Wireless IoT Connectivity Business
Sector Technology Hardware
Buyer(s) Synaptics
Sellers(s) Broadcom
Deal Type Divestiture
Deal Value 250M USD

Target

Broadcom - Certain Assets and Manufacturing Rights Wireless IoT Connectivity Business

Singapore, Singapore
Broadcom Ltd. - Certain Assets and Manufacturing Rights Wireless IoT Connectivity Business enables existing Wi-Fi, Bluetooth, and GPS/GNSS products and business in the IoT market as well as future roadmap devices designed in advanced process nodes.

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Buyer(S) 1

Buyer

Synaptics

San Jose, California, United States
Category Company
Founded 1986
Sector Software
Employees1,716
Revenue 959M USD (2024)
DESCRIPTION
Synaptics' corporate headquarters in San Jose, California.
Synaptics' corporate headquarters in San Jose, California.

Synaptics is a developer of human interface solutions which enhance the user experience. Synaptics provides the broadest solutions portfolio in the industry. Synaptics was founded in 1986 and is based in San Jose, California.

DEAL STATS #
Overall 6 of 9
Sector (Technology Hardware) 3 of 4
Type (Divestiture) 2 of 3
Country (Singapore) 1 of 1
Year (2020) 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-12 Marvell Technology Group - Multimedia Solutions Business

Hamilton, Bermuda

Marvell Technology Group Ltd. - Multimedia Solutions Business is a provider of semiconductor services in Hamilton, Bermuda.

Buy $95M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-21 DisplayLink

Palo Alto, California, United States

DisplayLink connects any display to any computer that supports USB or Wi-Fi and provides universal solutions for a range of corporate, home and embedded applications where easy connectivity of displays enhances productivity. DisplayLink was founded in 2003 and is based in Palo Alto, California.

Buy -

Seller(S) 1

SELLER

Broadcom

Palo Alto, California, United States
Category Company
Founded 1961
Sector Semiconductors
Employees37,000
Revenue 51.6B USD (2024)
DESCRIPTION

Broadcom is a designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products. Broadcom was founded in 1961 and is based in Palo Alto, California.

DEAL STATS #
Overall 9 of 10
Sector (Technology Hardware) 4 of 5
Type (Divestiture) 9 of 10
Country (Singapore) 4 of 4
Year (2020) 2 of 2
Size (of disclosed) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-07 Broadcom - Cyber Security Services Business

Singapore

Broadcom's Cyber Security Services Business is a provider of managed security services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 AppNeta

Boston, Massachusetts, United States

AppNeta is a provider of proactive application and network monitoring solutions built for the distributed, cloud-connected, digital enterprise. AppNeta was founded in 2011 and is based in Boston, Massachusetts.

Buy -
Mergr

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