# Diodes Incorporated to acquire ElevATE Semiconductor for $250M

Diodes Incorporated announced a definitive agreement to acquire ElevATE Semiconductor, Inc. in an all-cash transaction for $250 million. ElevATE is a fabless semiconductor company specializing in ICs for the automated test equipment industry.

- Type: Acquisition
- Announced: 2026-07-14
- Where: San Diego, California, United States
- Value: $250.0M
- Status: announced
- Products: integrated circuits for automated test equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Diodes Incorporated](https://endata.com/companies/37091.md) (acquirer)
- [ElevATE Semiconductor](https://endata.com/companies/93012.md) (target)

## Sources

- [investor.diodes.com](https://investor.diodes.com/news-releases/news-release-details/diodes-incorporated-acquire-elevate-semiconductor-expanding), 2026-07-14: "This acquisition positions Diodes to capture accelerated growth opportunities across the ATE market with an expanded analog and mixed-signal portfolio."
- [elevatesemi.com](https://elevatesemi.com/blog/diodes-to-acquire-elevate-semiconductor), 2026-07-16: "We are pleased to announce that ElevATE Semiconductor has entered into an agreement to become part of Diodes Incorporated."
- [jp.advfn.com](https://jp.advfn.com/exchanges/NASDAQ/DIOD/share-news/99205917/diodes-completes-acquisition-of-elevate-semiconduc), 2026-08-27: "The completion of the ElevATE acquisition marks an important milestone in advancing Diodes’ portfolio and content expansion initiatives to capitalize on the growing demand for semiconductor test solutions."
- [stocktitan.net](https://www.stocktitan.net/sec-filings/DIOD/8-k-diodes-inc-del-reports-material-event-4e68a7fe7422.html), 2026-08-27: "Diodes expects ElevATE to contribute approximately $50 million in revenue during the first twelve months following close and to be immediately accretive to revenue, gross margin, and earnings per share."
- [smartbrainsai.com](https://www.smartbrainsai.com/diodes-incorporated-to-acquire-elevate-semiconductor-for-250-million/), 2026-10-05: "Diodes Incorporated, the Plano, Texas-based maker of discrete and analog semiconductors, announced on July 14, 2026, that it had entered a definitive agreement to acquire ElevATE Semiconductor, a San Diego-based fabless chip designer, in an all-cash transaction worth $250 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.