M&A Deal Summary

Synaptics Acquires Renesas SP Drivers

On September 30, 2014, Synaptics acquired semiconductors company Renesas SP Drivers

Acquisition Highlights
  • This is Synaptics’ 1st transaction in the Semiconductors sector.
  • This is Synaptics’ 1st transaction in Japan.

M&A Deal Summary

Date 2014-09-30
Target Renesas SP Drivers
Sector Semiconductors
Buyer(s) Synaptics
Deal Type Add-on Acquisition

Target

Renesas SP Drivers

Tokyo, Japan
Renesas SP Drivers, Inc. (RSP), a premier supplier of small- and medium-sized Display Driver ICs (DDICs) for smartphones and tablets. RSP’s products, technology, and engineering expertise, combined with Synaptics’ systems level expertise, enable the combined company to accelerate the adoption of high performance, cost effective touch and display driver integration (TDDI) solutions for the mobile market while also extending its leadership position in touch and DDIC products.

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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 3 of 9
Sector: Semiconductors M&A 1 of 5
Type: Add-on Acquisition M&A Deals 3 of 6
Country: Japan M&A 1 of 1
Year: 2014 M&A 1 of 1
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DATE TARGET DEAL TYPE VALUE
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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
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Buy $95M