# WT Microelectronics to acquire Future Electronics for US$3.8 billion

WT Microelectronics has entered into a definitive agreement to acquire 100% of Future Electronics for an enterprise value of US$3.8 billion in an all-cash transaction.

- Type: Acquisition
- Announced: 2023-09-14
- Where: Pointe Claire, Montreal, Canada
- Value: $3.80B
- Status: announced
- Products: electronic components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [WT Microelectronics](https://endata.com/companies/23411.md) (acquirer)
- [Future Electronics](https://endata.com/companies/25255.md) (target)

## Sources

- [content.futureelectronics.com](https://content.futureelectronics.com/news/wt-microelectronics-to-acquire-future-electronics/), 2023-09-14: "This is transformational for WT Microelectronics and Future Electronics and important for the electronic component ecosystem."
- [wtmec.com](https://www.wtmec.com/wt-microelectronics-to-acquire-future-electronics-for-us3-8-billion/?lang=en), 2023-09-14: "This is transformational for WT Microelectronics and Future Electronics and important for the electronic component ecosystem."
- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2023/09/15/2003806236), 2023-09-14: "The acquisition marks a milestone for WT Microelectronics in expanding our global footprint,"
- [theglobeandmail.com](https://www.theglobeandmail.com/business/article-montreal-based-future-electronics-sold-to-taiwanese-company-amid/), 2023-09-14: "WT Microelectronics has struck a deal to acquire closely held Future for US$3.8-billion in cash (about $5.1-billion) including assumed debt"

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