Renesas Electronics Completes Acquisition of Celeno Communications

December 20, 2021

Renesas Electronics Corporation completed its all-cash acquisition of Celeno Communications, a smart Wi‑Fi solutions provider, as of December 20, 2021. The deal was valued at approximately US$315 million, and Celeno became a wholly owned subsidiary of Renesas.

Buyers
Renesas Electronics Corporation
Targets
Celeno Communications
Industry
IT Services
Location
Israel
Transaction Type
Buyout

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