Tech Company M&A Transactions
Altair Semiconductor Acquisition
Altair Semiconductor was bought by Sony Electronics. The transaction was announced on 1/26/2016. Financial terms set the valuation at $212 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/26/2016
Transaction Type
M&A
Amount
$212,000,000
M&A Terms
The purchase price is 212 million U.S. dollars (approximately 25 billion yen), and Sony expects to complete the acquisition in early February, 2016. With the acquisition of Altair, Sony aims to not only expand Altair's existing business, but also to move forward with research on and development of new sensing technologies.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
1400 Preston Rd. 400
Plano, TX 75093
USA
Plano, TX 75093
USA
Phone
Website
Email Address
Overview
Altair is a fabless semiconductor company based in Israel that is developing state of the art, ultra low power mobile WiMAX silicon solutions optimized for handsets and handheld devices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oded Melamed
Chief Financial Officer
Yaniv Reinhold
Chief Technical Officer
Yigal Bitran
VP - Engineering
Nohik Semel
VP - Human Resources
Shlomit Semel
VP - Marketing
Eran Eshed
VP - Sales
Chee Kwan
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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