M&A Deal Summary

Valens Semiconductor Acquires Acroname

On June 3, 2024, Valens Semiconductor acquired technology hardware company Acroname for 8M USD

Acquisition Highlights

This is Valens Semiconductor’s 1st transaction in the Technology Hardware sector.
This is Valens Semiconductor’s largest (disclosed) transaction.
This is Valens Semiconductor’s 1st transaction in the United States.
This is Valens Semiconductor’s 1st transaction in Colorado.

M&A Deal Summary
Date	2024-06-03
Target	Acroname
Sector	Technology Hardware
Buyer(s)	Valens Semiconductor
Deal Type	Add-on Acquisition
Deal Value	8M USD

Target

Acroname

Boulder, Colorado, United States

Acroname designs, develops, and distributes products for applications in manufacturing automation, AV conference rooms, managed IT services, mobile device management, and embedded robotic control systems. Acroname's system automation platform, BrainStem®, provides highly modular and scalable hardware and software tools, including tools for management of USB and USB-PD, used in OEM applications around the world. Acroname was formed in 1994 and is headquartered in Boulder, Colorado.

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