Renesas Electronics Completes Acquisition of Transphorm

Power Integrations Acquires Assets of Odyssey Semiconductor Technologies

May 7, 2024

Manufacturing

Power Integrations has agreed to acquire the assets of Odyssey Semiconductor Technologies, a developer of vertical gallium-nitride (GaN) transistor technology. The deal, expected to close in July 2024, will bring key Odyssey employees into Power Integrations' technology organization to accelerate the company's PowiGaN roadmap and broaden its high-voltage GaN capabilities.

Renesas Electronics Completes Acquisition of Steradian Semiconductors

October 17, 2022

IT Services

Renesas Electronics Corporation completed its acquisition of Steradian Semiconductors Private Limited in an all-cash transaction. The deal expands Renesas’ automotive and industrial sensing portfolio by adding Steradian’s 4D imaging radar technology and related engineering talent.

Renesas Electronics Acquires Altium

August 1, 2024

Software

Renesas Electronics Corporation agreed to acquire Altium Limited under an Australian Scheme of Arrangement, buying all outstanding Altium shares for A$68.50 per share. The acquisition closed on August 1, 2024, making Altium a wholly owned subsidiary of Renesas.

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.

SEMIKRON and Danfoss Silicon Power Merge to Form Semikron Danfoss

August 22, 2022

Industrial Services

SEMIKRON and Danfoss Silicon Power have combined to establish a new joint business, Semikron Danfoss, focused on power electronics, especially power semiconductor modules. The merger was approved and the new company began operating as Semikron Danfoss on August 22 after regulatory approvals, with ownership held by SEMIKRON and Danfoss families and Danfoss as the majority owner.

ReneSola Power Acquires Emeren Limited

October 10, 2022

Energy

ReneSola Ltd (ReneSola Power) completed an all-cash acquisition of Emeren Limited, a United Kingdom-based developer of utility-scale solar and battery storage projects, on October 10, 2022. The deal adds Emeren’s ~2.5 GW development pipeline and development expertise in Italy and other European markets to ReneSola’s European growth strategy.