# 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.

- Type: Acquisition
- Announced: 2018-11-30
- Where: Israel
- Value: $212.0M
- Status: announced
- Products: LTE solutions, modem chip technology
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Sony](https://endata.com/companies/2220.md) (acquirer)
- [Altair Semiconductor](https://endata.com/companies/35808.md) (target)

## Sources

- [cioapplications.com](https://www.cioapplications.com/innovation-insight/sony-leaps-further-into-iot-space-cid-142), 2018-11-30: "Stepping further into the IoT space, Sony Corporation announced acquisition of Israel based LTE solutions provider Altair Semiconductor in a $212 mn deal."

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