M&A Deal Summary

Universal Electronics Acquires Enson Assets

On November 4, 2010, Universal Electronics, Inc. acquired electronics company Enson Assets Ltd. from CG International Holdings Ltd. for 110M USD

Acquisition Highlights
  • This is Universal Electronics’ 1st transaction in the Electronics sector.
  • This is Universal Electronics’ 1st largest (disclosed) transaction.
  • This is Universal Electronics’ 1st transaction in China.

M&A Deal Summary

Date 2010-11-04
Target Enson Assets Ltd.
Sector Electronics
Buyer(s) Universal Electronics, Inc.
Sellers(s) CG International Holdings Ltd.
Deal Type Divestiture
Deal Value 110M USD

Target

Enson Assets Ltd.

Hung Hom, China
Enson Assets Ltd. is a designer, marketer and manufacturer of remote controls for original equipment manufacturers (OEMs).

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Buyer(S) 1

Buyer

Universal Electronics, Inc.

Scottsdale, Arizona, United States

website


Category Company
Founded 1986
SectorTechnology Hardware
Employees3,707
Revenue 680M USD (2018)
DESCRIPTION
Universal Electronics' corporate headquarters in Santa Ana, California.
Universal Electronics' corporate headquarters in Santa Ana, California.

Universal Electronics, Inc. is a provider of wireless control technology for the connected home. The Company designs, develops, and delivers innovative solutions that enable consumers to control entertainment devices, digital media, and home systems. Universal Electronics was established in 1986 and is based in Santa Ana, California.


DEAL STATS #
Overall 2 of 3
Sector (Electronics) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-04 SimpleDevices, Inc.

Mountain View, California, United States

SimpleDevices, Inc. is a provider of software and firmware solutions that enable devices such as TVs, set-top boxes, stereos, automotive audio systems and other consumer electronic products to wirelessly connect and interact with home networks and interactive services to deliver digital entertainment and information.

Buy $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-06 Ecolink Intelligent Technology, Inc.

Carlsbad, California, United States

Ecolink Intelligent Technology, Inc. is a developer of smart home technology. The company delivers a wide range of intelligent wireless security and automation components dedicated to redefining the home security experience.

Buy $12M

Seller(S) 1

SELLER

CG International Holdings Ltd.

Hung Hom, China

Category Company
Founded 1989
SectorElectronics
DESCRIPTION

CG International Holdings Ltd. is a designer, marketer and manufacturer of remote controls for original equipment manufacturers (OEMs).


DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1