M&A Deal Summary

The ZJF Group Acquires FireComms

On November 19, 2010, The ZJF Group acquired semiconductors company FireComms from Atlantic Bridge

Acquisition Highlights
  • This is The ZJF Group’s 1st transaction in the Semiconductors sector.
  • This is The ZJF Group’s 1st transaction in Ireland.

M&A Deal Summary

Date 2010-11-19
Target FireComms
Sector Semiconductors
Buyer(s) The ZJF Group
Sellers(s) Atlantic Bridge
Deal Type Add-on Acquisition

Target

FireComms

Cork, Ireland
Firecomms Limited is a photonics consumer electronics semiconductor company. Its technology exploits advances in III-V compound physics and has led to the creation of the world's first visible vertical cavity lasers (VCSELs) and visible high performance resonant cavity leds (RCLEDs). Firecomms already has significant design wins and customer activity for its products and is well positioned to maintain its lead in the markets in which it operates.

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Buyer(S) 1

Buyer

The ZJF Group

Cork, Ireland

Category Company
Founded 2000
Sector Semiconductors
DESCRIPTION

FireComms Ltd., a compound semiconductor company, develops optical data transmission light sources and detectors.


DEAL STATS #
Overall 1 of 1
Sector: Semiconductors M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2010 M&A 1 of 1

Seller(S) 1

SELLER

Atlantic Bridge

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2006
PE ASSETS 1.0B EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Atlantic Bridge is a growth capital firm focused on mid-market technology businesses across Europe, the US, Middle East, and China. Specific areas of interest include machine learning, robotics, computer visioning, cloud, IoT and big data. Atlantic Bridge generally prefers 'domain-specific companies' as well as businesses that can benefit from transatlantic opportunities. Atlantic Bridge was formed in 2006 and is based in Dublin.


DEAL STATS #
Overall 3 of 22
Sector: Semiconductors M&A 3 of 6
Type: Add-on Acquisition M&A Deals 3 of 20
Country: Ireland M&A 2 of 5
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-07 Ozmo

Palo Alto, California, United States

Ozmo, Inc. is a provider of ultra-low power Wi-Fi solutions.Its solutions are used in notebook computers, mobile CE devices, and home entertainment platforms.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-06 Nanotech Semiconductor

Bristol, United Kingdom

Nanotech Semiconductor is a fabless chip company, designing and supplying Driver and Receiver ICs for the fiber-optics communications industry. Nanotech Semiconductor was founded in May 2003 by Gary Steele, co-founder and CEO of the UK's first Fabless Chip Company, Acapella Ltd. Gary was also the founder and CEO of Microcosm Communications Ltd., in 1995, the first company to deliver high-speed optical networking components based on pure-CMOS process technology. Microcosm raised $8m in first- and second-round funding in 1998 and 1999, and was acquired in January 2000 by Conexant Systems Inc., for stock. Peak value was approx. $300m.

Sell -