# TDK to acquire InvenSense for $1.3 billion

TDK Corporation agreed to acquire all outstanding shares of InvenSense for $13.00 per share, totaling $1.3 billion, to strengthen its sensor and actuator product portfolio for IoT, automotive and ICT markets.

- Type: Acquisition
- Announced: 2016-12-21
- Where: United States
- Value: $1.30B
- Status: announced
- Products: sensors, actuators, inertial sensors, pressure sensors, microphone sensors, ultrasonic wave sensors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [TDK Corporation](https://endata.com/companies/15441.md) (acquirer)
- [InvenSense](https://endata.com/companies/16530.md) (target)

## Sources

- [ecworld.ru](https://www.ecworld.ru/news/arh/evnte16/e211216.htm), 2016-12-21: "Sensors are viewed as an important IoT-enabling technology and TDK envisions greatly expanding this portion of its business and providing a broad range of sensor solutions"
- [telecompaper.com](https://www.telecompaper.com/news/tdk-to-acquire-invensense-for-usd-1-3-billion--1177215), 2016-12-22: "TDK has agreed to acquire InvenSense for USD 13 cash per share, for a total acquisition price of USD 1.3 billion."

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