Valens Semiconductor Acquires Acroname

June 3, 2024

Valens Semiconductor acquired Acroname, a Boulder-based maker of programmable USB hubs, switches and test automation systems, to expand its industrial USB connectivity offering. The deal paid $7.8 million in cash plus Acroname's cash on hand and includes up to $7.2 million of earnouts tied to performance and product milestones.

Buyers
Valens Semiconductor
Targets
Acroname
Industry
Manufacturing
Location
Colorado, United States
Transaction Type
Buyout

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