# Gennum to acquire Tundra Semiconductor for CAD 86 million

Gennum will acquire Tundra Semiconductor for CAD 86 million (USD 69.6 million), creating Canada's largest semiconductor company. The acquisition is expected to close on May 8.

- Type: Acquisition
- Announced: 2022-05-27
- Where: Canada
- Value: $69.6M (86.0M CAD)
- Status: announced
- Products: semiconductors, VME solutions, Serial Rapid I/O, PCI Express, bridges
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Gennum](https://endata.com/companies/63103.md) (acquirer)
- [Tundra Semiconductor](https://endata.com/companies/63104.md) (target)

## Sources

- [semiconductordevice.net](https://semiconductordevice.net/SemiconductorCompanies/semiconductor-companies-in-canada), 2022-05-27: "When the acquisition goes through on May 8th we'll be the largest semiconductor company in Canada."

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