II‑VI Incorporated Acquires EpiWorks and ANADIGICS for $110M

II-VI Incorporated to Acquire Coherent, Inc. in Cash-and-Stock Deal

July 1, 2022

Industrial Services

II-VI Incorporated entered into an acquisition of Coherent, Inc. in a cash-and-stock transaction valued at about $6.3 billion. Under the terms, each Coherent share was exchanged for $220.00 in cash and 0.91 shares of II-VI common stock, with the deal expected to close in Q4 2021 and subject to customary approvals. II-VI later announced the acquisition completed, forming a global leader in materials, networking, and lasers.

Okika Devices Acquires Anadigm

April 22, 2025

Manufacturing

Okika Devices Corporation has completed the acquisition of Anadigm, Inc., a Mesa, Arizona–based fabless semiconductor company known for Field Programmable Analog Array (FPAA) technology. Okika will assume Anadigm's products, operations and support and aims to advance and commercialize FPAA integrated circuits and associated design tools to expand its analog IC capabilities.

Synopsys Acquires Ansys in $35 Billion Deal

January 16, 2024

Software

Synopsys entered into a definitive agreement to acquire Ansys, combining Synopsys’ semiconductor EDA capabilities with Ansys’ simulation and analysis portfolio. Under the terms, Ansys shareholders will receive $197 in cash and 0.3450 shares of Synopsys common stock per Ansys share, valuing the deal at about $35 billion.

Marvell Technology Acquires Inphi Corporation

October 29, 2020

Manufacturing

Marvell Technology Group Ltd. agreed to acquire Inphi Corporation in a cash-and-stock transaction that will combine Marvell's storage, networking and processor portfolio with Inphi's high-speed electro-optics interconnect platform. The deal positions the combined company to lead in cloud data center and 5G infrastructure markets, will domicile the combined company in the United States, and is expected to deliver $125 million of annual run-rate synergies within 18 months.

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.

ANI Pharmaceuticals Acquires Novitium Pharma for $163.5M

March 9, 2021

Pharmaceuticals

ANI Pharmaceuticals completed the acquisition of Novitium Pharma for $163.5 million (including $89.5M cash and $74M equity, plus up to $46.5M in contingent earn-outs), adding a U.S.-based R&D engine and CDMO manufacturing capacity. The deal, financed with a new $300M Term Loan B, a $40M revolver and a $25M PIPE investment from Ampersand Capital Partners, is expected to be immediately accretive and expand ANI's generics, contract manufacturing and 505(b)(2) capabilities.