# Ardian to acquire majority stake in Swissbit Holding

Ardian has signed an agreement to acquire a majority stake in Swissbit Holding AG, a manufacturer of storage and embedded IoT solutions, with management reinvesting and retaining a substantial stake.

- Type: Acquisition
- Announced: 2020-05-14
- Where: Bronschhofen, Switzerland, Switzerland
- Status: announced
- Products: storage and embedded IoT solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Ardian](https://endata.com/companies/4607.md) (acquirer)
- [Swissbit Holding](https://endata.com/companies/47236.md) (target)

## Sources

- [lawstyle.ch](https://lawstyle.ch/baer-karrer-beriet-die-aktionaere-von-swissbit-beim-verkauf-der-swissbit-holding-ag-an-ardian/), 2020-05-14: "Das Swissbit-Management-Team und Ardian, eine der weltweit führenden unabhängigen Investmentgesellschaften, haben die Unterzeichnung einer Vereinbarung zum Erwerb der Swissbit Holding AG bekannt gegeben."
- [eetimes.eu](https://www.eetimes.eu/swissbit-acquisition-to-help-drive-its-growth-in-secure-embedded-iot/), 2020-05-28: "Swissbit, an independent European provider of NAND flash-based storage and embedded IoT solutions, announced its management team signed an agreement to acquire the company in partnership with private investment firm Ardian."
- [eetimes.com](https://www.eetimes.com/swissbit-acquisition-to-help-drive-its-growth-in-secure-embedded-iot/), 2020-05-28: "Swissbit, an independent European provider of NAND flash-based storage and embedded IoT solutions, announced its management team signed an agreement to acquire the company in partnership with private investment firm Ardian."

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