Renesas to acquire Transphorm for $339 million
Renesas Electronics Corporation agreed to acquire Transphorm, Inc., a GaN power semiconductor manufacturer, for $5.10 per share in cash, totaling approximately $339 million. The deal is expected to close in the second half of 2024.
Productsgallium nitride (GaN) power semiconductors
“The acquisition will provide Renesas with in-house GaN technology, a key next-generation material for power semiconductors.”wsgr.com
- 6 sources
- wsgr.comWilson Sonsini Advises Transphorm on $339 Million Acquisition by Renesas | Wilson SonsiniJan 11, 2024
- cov.comCovington Advises Renesas in $339 Million Acquisition of Transphorm | Covington & Burling LLPMark E. Plotkin, Ingrid Price, Brian J. KimJan 11, 2024
- businesswire.comRenesas to Acquire Transphorm to Expand its Power Portfolio with GaN TechnologyMedia ContactsJan 11, 2024
- sec.govTransphorm, Inc. Form DEFA14A filed January 11, 2024Jan 11, 2024
- compoundsemiconductor.netAcquisitions in power - Compound Semiconductor NewsJan 22, 2024
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