M&A Deal Summary

Wolfspeed Acquires INTRINSIC Semiconductor AB

On June 28, 2006, Wolfspeed acquired electronics company INTRINSIC Semiconductor AB for 46M USD

Acquisition Highlights
  • This is Wolfspeed’s 1st transaction in the Electronics sector.
  • This is Wolfspeed’s 5th largest (disclosed) transaction.
  • This is Wolfspeed’s 1st transaction in Sweden.

M&A Deal Summary

Date 2006-06-28
Target INTRINSIC Semiconductor AB
Sector Electronics
Buyer(s) Wolfspeed
Deal Type Add-on Acquisition
Deal Value 46M USD

Target

INTRINSIC Semiconductor AB

Kista, Sweden
INTRINSIC Semiconductor AB is a designer and manufacturer of radio-frequency (RF), power, and sensor devices based on patented state-of-the-art silicon carbide (SiC) technology.

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Buyer(S) 1

Buyer

Wolfspeed

Durham, North Carolina, United States

Category Company
Founded 1987
Sector Semiconductors
Employees4,802
Revenue 807M USD (2024)
DESCRIPTION
Entrance to Cree's corporate campus in Durham, North Carolina.
Entrance to Cree's corporate campus in Durham, North Carolina.

Wolfspeed is a provider of energy-efficient, mercury-free LED lighting. Wolfspeed markets lighting-class LEDs, LED lighting, and semiconductor products for power and radio frequency (RF) applications. Wolfspeed was formed in 1987 and is based in Durham, North Carolina.


DEAL STATS #
Overall 1 of 7
Sector: Electronics M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 4
Country: Sweden M&A 1 of 1
Year: 2006 M&A 1 of 1
Size (of disclosed) 5 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-12 Cotco Luminant Device Co.

Hong Kong, China

COTCO is one of the LED manufacturers in Asia. With over 10 years' experience and expertise in high brightness LED lamps, COTCO has developed strong design and manufacturing capabilities in LED technology.

Buy $200M