Yahoo Finance Notable U.S. semiconductor M&A deals since Dec 2013
(Reuters) - Intel Corp (INTC.O) agreed to buy Altera Corp (ALTR.O) for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers.
Demand for cheaper chips and new products to power Internet-connected gadgets is driving consolidation in the semiconductor industry.
Worldwide semiconductor M&A reached $31 billion last year, the most since 2011, according to Thomson Reuters data. In the 12 months through March 2, 472 chip M&A deals were made worldwide, up from 383 in the previous year.
The following is a list of the largest semiconductor deals in the United States since December 2013:
Date Company Target Deal value Rationale Link to story
announced
May 28 Avago Broadcom Corp $37 To improve
Technologies (BRCM.O) billion bargaining
Ltd (AVGO.O) position with
manufacturers
May 7 Microchip Micrel Inc Equity To expand
Technology Inc (MCRL.O) value of offerings in
(MCHP.O) $839 automotive and
million communications
markets
March 1 NXP Freescale $11.8 Makes company
Semiconductors Semiconductor billion the industry
NV (NXPI.O) Ltd (FSL.N) leader within
auto and
industrial chip
markets
Feb. 25 Avago Emulex Corp About $606 To boost server
Technologies million storage
Ltd (AVGO.O) business with
Emulex's
network
connectivity
business
Jan. 27 Lattice Silicon Image About $600 To gain
Semiconductor Inc million technology that
Corp (LSCC.O) connects
smartphones and
tablets to TVs
and digital
projectors
Dec. 1, Cypress Spansion Inc $1.59 To boost
2014 Semiconductor billion microcontroller
Corp (CY.O) chips and flash
memory products
offerings
Oct. 15, Qualcomm Inc CSR Plc (CSR.L) $2.5 To boost its
2014 (QCOM.O) billion Bluetooth
offerings
Sept. 26, Intel Corp 20 pct stake in As much as To catch up in
2014 (INTC.O) two Chinese $1.5 a smartphone
mobile billion chip industry
chipmakers dominated by
rival Qualcomm
Aug. 22, Murata Remaining stake $465 To strengthen
2014 Manufacturing in Peregrine million its radio
Co Ltd Semiconductor frequency chip
business
Aug. 20, Infineon International About $3 Deal
2014 Technologies Rectifier billion complements its
AG (IFXGn.DE) high-powered
chips with
International
Rectifier's
low-power,
energy-efficien
t chips
June 10, Synaptics Inc Renesas SP $475 To buy the then
2014 (SYNA.O) Drivers Inc million sole supplier
of display
chips for Apple
iPhones
June 9, Analog Devices Hittite $2 billion To boost its
2014 Inc (ADI.O) Microwave Corp radio frequency
and signal chip
offerings
April 29, Cirrus Logic Wolfson $489 To boost its
2014 Inc (CRUS.O) Microelectronics million audio
Plc technology
offerings
Feb. 24, RF Micro TriQuint About $1.6 To capture a (http://reut.rs/1G3Hrmp)
2014 Devices Inc Semiconductor billion larger share of
Inc the smartphone
chip market
Dec. 16, Avago LSI Corp $6.6 To enter (http://reut.rs/1G3Hrmp)
2013 Technologies billion storage chip
Ltd (AVGO.O) market to
counter
volatility in
its main
wireless
business
(Reporting by Anya George Tharakan and Sai Sachin R in Bengaluru; Editing by Joyjeet Das)
