# Indie Semiconductor completes acquisition of Symeo GmbH from Analog Devices

Indie Semiconductor completed the acquisition of Symeo GmbH from Analog Devices for $30.4 million on January 4, 2022. The consideration included cash, a promissory note, and an equity-based earn-out.

- Type: Acquisition
- Announced: 2022-01-04
- Where: Germany
- Value: $30.4M
- Status: completed
- Products: MEMS, radar sensors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Analog Devices](https://endata.com/companies/15464.md) (partner)
- [indie Semiconductor](https://endata.com/companies/39192.md) (acquirer)
- [Symeo](https://endata.com/companies/58686.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/INDIE-SEMICONDUCTOR-INC-123687656/news/Indie-Semiconductor-Inc-completed-the-acquisition-of-Symeo-GmbH-from-Analog-Devices-Inc--37507510/), 2022-01-03: "Indie Semiconductor, Inc. completed the acquisition of Symeo GmbH from Analog Devices, Inc."

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