M&A Deal Summary

Texas Instruments Acquires Butterfly VLSI

On January 20, 1999, Texas Instruments acquired semiconductors company Butterfly VLSI for 50M USD

Acquisition Highlights
  • This is Texas Instruments’ 2nd transaction in the Semiconductors sector.
  • This is Texas Instruments’ 13th largest (disclosed) transaction.
  • This is Texas Instruments’ 1st transaction in Israel.

M&A Deal Summary

Date 1999-01-20
Target Butterfly VLSI
Sector Semiconductors
Buyer(s) Texas Instruments
Deal Type Add-on Acquisition
Deal Value 50M USD

Target

Butterfly VLSI

Herzlia, Israel
Butterfly VLSI Ltd. is a pioneer in the development of Radio Frequency (RF) wireless technology targeting communications in a range of up to 100 meters. Butterfly, with sites in Tel Aviv, Israel, and Santa Clara, California, develops low cost chipsets that enable RF wireless communications in the 900 MHz and 2.4 GHz frequency bands.

Search 214,600 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Texas Instruments

Dallas, Texas, United States

Category Company
Founded 1930
Sector Semiconductors
Employees34,000
Revenue 15.6B USD (2024)
DESCRIPTION
Entrance to Texas Instruments' corporate headquarters in Dallas, Texas.
Entrance to Texas Instruments' corporate headquarters in Dallas, Texas.

Texas Instruments is a semiconductor design and manufacturing company that develops analog ICs and embedded processors. Texas Instruments was formed in 1930 and is based in Dallas, Texas.


DEAL STATS #
Overall 7 of 29
Sector: Semiconductors M&A 2 of 13
Type: Add-on Acquisition M&A Deals 6 of 28
Country: Israel M&A 1 of 2
Year: 1999 M&A 1 of 7
Size (of disclosed) 13 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-06-18 Texas Instruments - Semiconductor Memory Business

United States

Texas Instruments - Semiconductor Memory Business is a provider of memory chips.

Sell $800M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-03 Integrated Sensor Solutions

San Jose, California, United States

Integrated Sensor Solutions, Inc. is a designer, manufacturer and marketer of high performance intelligent sensor products that are used in electronic control systems by customers in the automotive and industrial markets. Applications include new generation low emission engines and advanced vehicle stability systems, such as common rail diesel fuel injection (CRI), gasoline direct injection (GDI) and vehicle dynamic control (VDC).

Buy $62M