◂ Announcements

Nov 30, 2018ACQUISITIONIsrael

Sony acquires Altair Semiconductor for $212m

Sony Corporation announced the acquisition of Israel-based LTE solutions provider Altair Semiconductor for $212m, expected to close by early February.

Value

$212.0M

Status

Announced

ProductsLTE solutionsmodem chip technology

CompaniesSony acquirer Altair Semiconductor target

Sectors#Semiconductors and Industrial Electronics

“Stepping further into the IoT space, Sony Corporation announced acquisition of Israel based LTE solutions provider Altair Semiconductor in a $212 mn deal.”cioapplications.com

1 source
cioapplications.comSony Leaps Further into IoT SpaceNov 30, 2018

Summarized from public sources; check the original articles before acting on it.

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Sony acquires Altair Semiconductor for $212m · Endata