Tech Company M&A Transactions

LitePoint Acquisition

Headquartered in Sunnyvale, LitePoint was acquired by Teradyne. The transaction price was $580 million.

Transaction Overview

Company Name
Acquired By
Announced On
9/14/2011
Transaction Type
M&A
Amount
$580,000,000
M&A Terms
Acquisition terms were for $510 million net of LitePoint cash and tax benefits plus $70 million if certain performance targets are met extending through 2012.

Company Information

Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
575 Maude Court
Sunnyvale, CA 94085
USA
Email Address
Overview
LitePoint is a world leader in wireless test solutions. Collaborating with all major wireless chip companies, LitePoint offers the fastest time to production, the lowest cost of test, and the best test coverage available today for the world's largest OEMs & ODMs and Brand Owners.
Profile
LitePoint LinkedIn Company Profile
Social Media
LitePoint Company Twitter Account
Company News
LitePoint News
Facebook
LitePoint on Facebook
YouTube
LitePoint on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Benny Madsen
  Benny Madsen LinkedIn Profile  Benny Madsen Twitter Account  Benny Madsen News  Benny Madsen on Facebook
Chief Financial Officer
Daniel Atler
  Daniel Atler LinkedIn Profile  Daniel Atler Twitter Account  Daniel Atler News  Daniel Atler on Facebook
Chief Operating Officer
Spiros Bouas
  Spiros Bouas LinkedIn Profile  Spiros Bouas Twitter Account  Spiros Bouas News  Spiros Bouas on Facebook
Chief Technical Officer
Christian Olgaard
  Christian Olgaard LinkedIn Profile  Christian Olgaard Twitter Account  Christian Olgaard News  Christian Olgaard on Facebook
VP - Bus. Development
Kevan Smith
  Kevan Smith LinkedIn Profile  Kevan Smith Twitter Account  Kevan Smith News  Kevan Smith on Facebook
VP - Sales
Luc Schoups
  Luc Schoups LinkedIn Profile  Luc Schoups Twitter Account  Luc Schoups News  Luc Schoups on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/14/2011: BonitaSoft venture capital transaction
Next: 9/14/2011: Gojee venture capital transaction

 

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Where The Data Comes From

We report on funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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