Tech Company M&A Transactions
ULi Electronics Acquisition
ULi Electronics, operating out of San Jose, was acquired by NVIDIA. Financial terms set the valuation at $52 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/14/2005
Transaction Type
M&A
Amount
$52,000,000
M&A Terms
NVIDIA Corporation (Nasdaq: NVDA), today announced that it has signed a definitive agreement to acquire ULi Electronics Inc. (ULi), Under the terms of the agreement, NVIDIA will pay 19 New Taiwan Dollars in cash for each outstanding ULi share and stock option, for a total of approximately $52 million (USD). The acquisition, which is expected to be completed in the first quarter of the Company's fiscal year 2007, remains subject to the satisfaction of regulatory requirements and other customary closing conditions.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
180 Rose Orchard Way 220
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Website
Email Address
Not Recorded
Overview
ULi Electronics Inc. is a leading fabless IC design company that develops world-class solutions for consumer electronics and professional computing products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alex Kuo
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