Elmos Semiconductor sells Silicon Microstructures to TE Connectivity for USD 95 million

Elmos Semiconductor AG signed an agreement to sell its stake in Silicon Microstructures Inc. (SMI) to Measurement Specialties Inc., a subsidiary of TE Connectivity Ltd., based on a net debt-free enterprise value of USD 95.0 million. Closing is expected in 2019.

“Elmos Semiconductor AG signed an agreement today to sell Silicon Microstructures Inc. (SMI) to Measurement Specialties Inc.”elmos.com

• 4 sources
• elmos.comNews - Elmos Semiconductor SESep 20, 2019
• electronicsweekly.comTE Connectivity buys Silicon Microstructures ⋆ Electronics WeeklyDavid MannersSep 24, 2019
• electronicdesign.comTE Connectivity completes acquisition of Silicon Microstructures Inc. | Electronic DesignOct 7, 2019
• siliconsemiconductor.netTE Connectivity signs agreement to acquire Silicon Microstructures - NewsOct 18, 2019

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