# Diodes Incorporated to acquire Texas Instruments' Greenock wafer fab in Scotland

Diodes Incorporated has entered into an agreement to acquire Texas Instruments' wafer fabrication facility and operation in Greenock, Scotland (GFAB). The facility has a potential capacity of up to 21,666 wafer starts per month.

- Type: Acquisition
- Announced: 2019-02-04
- Where: Greenock, Scotland, United Kingdom
- Value: $64.5M (50.0M GBP)
- Status: announced
- Capacity: 21,666 wafer starts per month
- Products: wafer fabrication, analog products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Texas Instruments](https://endata.com/companies/29167.md) (target)
- [Diodes Incorporated](https://endata.com/companies/37091.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/29002/000156459019001812/diod-ex991_29.htm), 2019-02-04: "The proposed acquisition of GFAB aligns well with our strategic plan for significant revenue and profit dollar growth over the next several years."
- [investor.diodes.com](https://investor.diodes.com/news-releases/news-release-details/diodes-incorporated-acquire-texas-instruments-greenock-scotland), 2019-02-04: "The proposed acquisition of GFAB aligns well with our strategic plan for significant revenue and profit dollar growth over the next several years."
- [theregister.com](https://www.theregister.com/2019/02/07/greenock_chip_fab_saved_diodes_inc_50m_buyout), 2019-02-07: "Diodes has now agreed to buy the fab for £50m, along with a £15m cash injection from Inverclyde Council and other branches of Scottish local government."

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