M&A Deal Summary |
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Date | 2024-09-19 |
Target | Knowles - Consumer MEMS Microphone Division |
Sector | Semiconductors |
Buyer(s) | Syntiant |
Sellers(s) | Knowles |
Deal Type | Divestiture |
Deal Value | 150M USD |
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Syntiant is a provider of hardware and software solutions for edge AI deployment. The company’s purpose-built silicon and hardware-agnostic models are being deployed globally to power edge AI speech, audio, sensor and vision applications across a wide range of consumer and industrial use cases, from earbuds to automobiles. Syntiant was founded in 2017 and is headquartered in Irvine, California.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Semiconductors) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2024) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Company |
---|---|
Founded | 1946 |
Sector | Semiconductors |
Employees | 7,100 |
Revenue | 708M USD (2023) |
Knowles is a provider of hearing aid transducers and low voltage integrated circuit design, electronic controls and sensors, and precision manufacturing. It has facilities in seven countries spread over North America, Europe and Asia, with its largest operations located in the United States, China, and Malaysia. Knowles was founded in 1946 and is based in Itasca, Illinois.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Semiconductors) | 2 of 2 |
Type (Divestiture) | 2 of 2 |
Country (United States) | 2 of 2 |
Year (2024) | 1 of 1 |
Size (of disclosed) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
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2023-11-02 |
Cornell Dubilier
Liberty, South Carolina, United States Cornell Dubilier is a designer and manufacturer of custom high-energy discharge capacitors used in a wide range of medical, military, and commercial pulsed energy applications. Cornell Dubilier was formed in 1933 and is based in Liberty, South Carolina. |
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