# SEMIFIVE acquires Hanatec to boost SoC design for Samsung Foundry

SEMIFIVE acquired Hanatec Co. Ltd., an official Samsung Foundry Design Solution Partner, to accelerate its SoC platform and ASIC capabilities.

- Type: Acquisition
- Announced: 2021-12-01
- Where: San Jose, California, United States
- Value: $60.0M
- Status: completed
- Products: SoC platforms, ASIC design services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SEMIFIVE](https://endata.com/companies/59695.md) (acquirer)
- [Hanatec Co. Ltd.](https://endata.com/companies/59696.md) (target)
- [Analog Bits](https://endata.com/companies/61544.md) (target)

## Sources

- [semifive.com](https://semifive.com/company/newsroom/press-releases/semifive-acquires-hanatec/), 2021-12-14: "The acquisition of Hanatec, with its solid technology and customer base, enables SEMIFIVE to further accelerate its position as a global semiconductor company"
- [m.thebell.co.kr](https://m.thebell.co.kr/m/newsview.asp?newskey=202203101512263080108248&svccode=), 2022-03-11: "SemiFive acquired 100% of Analog Bits for $60 million (about 70 billion won) in December 2021."

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