# Soitec acquires NOVASiC to strengthen silicon carbide wafer technology

Soitec, a French semiconductor materials company, has acquired NOVASiC, a specialist in polishing and reclaiming silicon carbide wafers. The acquisition aims to accelerate Soitec's SmartSiC technology development for automotive and industrial power electronics.

- Type: Acquisition
- Announced: 2021-11-30
- Where: Bernin (Grenoble), France
- Status: announced
- Products: silicon carbide wafers, SmartSiC substrates
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SOITEC](https://endata.com/companies/32773.md) (acquirer)
- [NOVASiC](https://endata.com/companies/59326.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/11/30/2343411/0/en/Soitec-acquires-NOVASiC-to-strengthen-its-Silicon-Carbide-wafer-technology.html), 2021-11-30: "Acquisition of NOVASiC to accelerate Soitec’s technology development and strengthen its positioning on the automotive and industrial markets."

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