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onsemi to acquire GT Advanced Technologies for $415M · Endata

◂ Announcements

Aug 25, 2021ACQUISITIONUnited States

onsemi to acquire GT Advanced Technologies for $415M

onsemi has entered into a definitive agreement to acquire GT Advanced Technologies, a producer of silicon carbide, for $415 million in cash.

Value

$415.0M

Status

Announced

Productssilicon carbide (SiC) wafers

Companiesonsemi acquirer GT Advanced Technologies target

Sectors#Semiconductors and Industrial Electronics

“This transaction reflects our confidence and stated commitment to meaningfully invest in silicon carbide solutions to support the creation of intelligent power and sensing technologies to help build a sustainable future.”businesswire.com

3 sources
businesswire.comonsemi to Acquire GT Advanced TechnologiesAug 25, 2021
miningconnection.comNews | Underground Mining | Mining Connection — The Link For All Your Mining ResourcesAug 30, 2021
eepower.comOnsemi, Renesas and Analog Devices all Announce and Finalize Acquisitions - NewsAlessandro MascellinoSep 15, 2021

Summarized from public sources; check the original articles before acting on it.

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