# Soitec acquires EpiGaN for €30M to expand into GaN substrates

Soitec has entered into a definitive agreement to acquire EpiGaN, a European supplier of GaN epitaxial wafer materials, for €30 million in cash plus an earn-out. The acquisition targets 5G, power electronics, and sensor markets.

- Type: Acquisition
- Announced: 2019-05-13
- Where: Bernin (Grenoble), France
- Value: $33.5M (30.0M EUR)
- Status: announced
- Products: GaN epitaxial wafers, engineered substrates
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SOITEC](https://endata.com/companies/32773.md) (acquirer)
- [EpiGaN](https://endata.com/companies/38964.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2019/05/13/1822189/0/en/SOITEC-Soitec-expands-its-engineered-substrate-portfolio-into-GaN-Gallium-Nitride-with-the-acquisition-of-EpiGaN-nv.html), 2019-05-13: "GaN technology is gaining significant traction in RF and power markets."

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