Valens Semiconductor Acquires Acroname
June 3, 2024
Valens Semiconductor acquired Acroname, a Boulder-based maker of programmable USB hubs, switches and test automation systems, to expand its industrial USB connectivity offering. The deal paid $7.8 million in cash plus Acroname's cash on hand and includes up to $7.2 million of earnouts tied to performance and product milestones.
- Buyers
- Valens Semiconductor
- Targets
- Acroname
- Industry
- Manufacturing
- Location
- Colorado, United States
- Transaction Type
- Buyout
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