onsemi Acquires GT Advanced Technologies

Navitas Semiconductor Acquires GeneSiC Semiconductor

August 15, 2022

Manufacturing

Navitas Semiconductor (Nasdaq: NVTS) has acquired GeneSiC Semiconductor, a specialist in silicon carbide (SiC) power devices, in a cash-and-stock deal valued at roughly $100 million plus stock and potential earn-outs. The acquisition adds SiC capability and a profitable, fast-growing business (2022 revenue ~ $25M, >25% EBITDA margins) to Navitas' GaN portfolio to create a more comprehensive power-semiconductor offering for EV, solar, and industrial markets.

Bosch Acquires Assets of TSI Semiconductors

April 26, 2023

Manufacturing

Bosch is acquiring the assets of U.S. chipmaker TSI Semiconductors in Roseville, California, and plans to invest more than $1.5 billion to convert and expand the facility for silicon carbide (SiC) chip production. The deal gives Bosch a foundry with roughly 250 employees and about 10,000 square meters of clean-room space, accelerating its capability to produce SiC chips for automotive, telecommunications and energy markets and expanding its semiconductor manufacturing footprint in the United States.

Advanced Energy Industries Acquires Airity Technologies

June 24, 2024

Manufacturing

Advanced Energy Industries, Inc. acquired Airity Technologies, a Redwood City, California provider of GaN-based high-voltage power conversion products and pulsing technologies. The acquisition adds Gallium Nitride (GaN) power conversion capabilities to Advanced Energy's precision power portfolio, enabling higher power density and faster response for semiconductor, industrial and medical applications; terms were not disclosed.

Advanced Automation Technologies (AAT) to Acquire GERSTEL GmbH & Co. KG

November 25, 2024

Manufacturing

Advanced Automation Technologies (AAT), a laboratory-automation platform backed by Battery Ventures, has agreed to acquire GERSTEL GmbH & Co. KG and its international subsidiaries. The add-on will expand AAT's product portfolio and global sales and service capabilities in automated sample-preparation and analytical instrumentation, particularly for GC/MS and LC/MS applications.

Power Integrations Acquires Assets of Odyssey Semiconductor Technologies

May 7, 2024

Manufacturing

Power Integrations has agreed to acquire the assets of Odyssey Semiconductor Technologies, a developer of vertical gallium-nitride (GaN) transistor technology. The deal, expected to close in July 2024, will bring key Odyssey employees into Power Integrations' technology organization to accelerate the company's PowiGaN roadmap and broaden its high-voltage GaN capabilities.

Tex Tech Industries Acquires SGL Carbon's Gardena, California Operating Assets

February 17, 2023

Manufacturing

Tex Tech Industries, an Arlington Capital Partners portfolio company, has acquired the operating assets of SGL Carbon's Gardena, California site, including certain assets of SGL Composites Inc. The acquisition adds high-temperature carbon and silica-based composite materials to Tex Tech's product set and expands its capability into aerospace, defense and industrial end markets.