# STMicroelectronics acquires majority stake in Exagan

STMicroelectronics has acquired a majority stake in Exagan, a French innovator in Gallium Nitride (GaN) power devices, to expand its GaN portfolio and enable mass production on 8-inch wafers.

- Type: Acquisition
- Announced: 2021-07-05
- Where: France
- Status: announced
- Products: Gallium Nitride power devices, GaN transistors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [STMicroelectronics](https://endata.com/companies/21952.md) (acquirer)
- [Exagan](https://endata.com/companies/45741.md) (target)

## Sources

- [blog.st.com](https://blog.st.com/powergan/), 2021-07-05: "The investment in Exagan by ST is a continuation of our long-term commitment in compound power semiconductors."

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