Polymatech Electronics Acquires Nisene Technology Group Inc.

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.

ASM International Acquires LPE S.p.A.

October 3, 2022

Manufacturing

ASM International has completed the acquisition of Italian epitaxy equipment manufacturer LPE S.p.A., making LPE a fully owned subsidiary and product unit within ASM's Global Products organization. The transaction expands ASM's capabilities into the high-growth silicon carbide (SiC) epitaxy equipment market to support power electronics and electric vehicle end markets.

Neo Performance Materials Acquires Controlling Interest in SG Technologies (SGTec)

April 18, 2023

Manufacturing

Neo Performance Materials (TSX: NEO) acquired a 90% controlling interest in SG Technologies Group Limited (SGTec), a leading UK-based manufacturer of rare-earth and high-performance magnets, with an initial payment of £10.8M plus earn-outs. The acquisition expands Neo's magnet manufacturing and R&D footprint in Europe, bringing SGTec's ~200+ employees and capabilities into Neo's global magnetics division to support growing demand from electric vehicles, electronics and clean energy markets.

Niobrara Capital and Prysm Capital Acquire Polar Semiconductor

September 24, 2024

Manufacturing

Polar Semiconductor has been sold to Niobrara Capital and Prysm Capital following a $175 million equity financing to convert the company into a majority U.S.-owned merchant foundry. The investors and federal/state CHIPS incentives will support a roughly $525 million investment to double wafer capacity, add compound semiconductor, sensor and power semiconductor capabilities, and create 160+ jobs in Bloomington, Minnesota.

Hitachi Industrial Equipment Systems Acquires Telesis Technologies

July 21, 2022

Manufacturing

Hitachi Industrial Equipment Systems Co., Ltd. (HIES), a wholly-owned subsidiary of Hitachi, Ltd., has acquired Telesis Technologies, Inc., a U.S.-based manufacturer of laser and dot-peen marking equipment. The acquisition expands HIES's marking and coding product portfolio and gives Hitachi access to Telesis's AI-enabled vision, laser marking technologies, and global service channels to accelerate growth in coding and marking markets.

AmpliTech Group Acquires Spectrum Semiconductor Materials

December 16, 2021

Logistics & Distribution

AmpliTech Group, Inc. (NASDAQ: AMPG) has executed a definitive agreement to acquire the assets and operations of Spectrum Semiconductor Materials, Inc., a San Jose–based authorized distributor of semiconductor components. The deal (approximately $8.0M cash plus $1.5M escrow and restricted shares) nearly triples AmpliTech's revenue base, adds a global distribution platform and a record combined order backlog of $11.4M, and is intended to accelerate commercialization of AmpliTech's MMIC chip solutions.