Pixelworks Sells Shanghai Semiconductor Subsidiary to VeriSilicon-led Buyer

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.

POET Technologies Acquires Super Photonics Xiamen

December 31, 2024

Manufacturing

POET Technologies completed the acquisition of the remaining 24.8% equity in Super Photonics Xiamen (SPX) from Quanzhou San'an (Sanan) for US$6.5 million (payable over five years) and purchased SPX's production equipment for US$3.8 million. The deal gives POET 100% ownership of SPX, strengthens its ‘China Plus One’ manufacturing footprint and expands production capacity for 800G+ optical engines serving AI and hyperscale data center markets.

Shoei Chemical Acquires Quantum Dot Business from Nanosys

September 7, 2023

Manufacturing

Shoei Chemical, together with its North American subsidiary Shoei Electronic Materials, completed an asset purchase agreement to acquire substantially all assets of Nanosys' quantum dot business, including its sales and marketing teams, R&D team, and Silicon Valley laboratories. The deal brings Nanosys' quantum dot technology and IP under Shoei to strengthen Shoei's advanced materials and display-materials capabilities while retaining the Nanosys brand and operations in the U.S.

Adelis Equity Partners Acquires Majority Stake in Pixelz ApS

December 12, 2021

Marketing & Advertising

Adelis Equity Partners has made a majority investment in Pixelz ApS in a growth buyout, with Pixelz's management remaining in their roles and retaining significant ownership. The partnership will support Pixelz's international expansion and further development of its AI-powered image retouching platform for e-commerce customers.

Tessolve Acquires Pico2Femto Semiconductor (P2fsemi)

October 27, 2022

Engineering Services

Tessolve, a Hero Electronix venture headquartered in Bangalore, has acquired Pico2Femto Semiconductor (P2fsemi) to strengthen its silicon design and physical design capabilities. The deal brings P2fsemi's 100+ physical design experts (advanced nodes down to 3nm) into Tessolve's ASIC/SoC design offerings, expanding end-to-end turnkey silicon services.

Bain Capital Special Situations Takes ~20% Stake in IMS Nanofabrication from Intel

June 21, 2023

Manufacturing

Bain Capital Special Situations agreed to acquire an approximately 20% minority stake in IMS Nanofabrication GmbH from Intel in a deal that values IMS at about $4.3 billion. The investment (expected to close in Q3 2023) will leave IMS operating as a standalone subsidiary led by CEO Dr. Elmar Platzgummer and is intended to accelerate the company's technology innovation and market expansion in multi-beam mask writing for advanced semiconductor nodes.