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CG Power to acquire Renesas Electronics' RF components business for $36M · Endata

◂ Announcements

Semiconductors and Industrial Electronicsworld trade 2024+6.8% 5Y CAGR

Mar 11, 2025ACQUISITIONUnited States

CG Power to acquire Renesas Electronics' RF components business for $36M

CG Power and Industrial Solutions received US regulatory approval to acquire the Radio Frequency components business of Renesas Electronics Corporation for $36 million. The acquisition includes IP, tangible assets, and transferring employees.

Value

$36.0M

Status

Announced

ProductsRadio Frequency components

CompaniesCG Power and Industrial Solutions acquirer Renesas Electronics Corporation target Renesas Electronics America Inc. target

Sectors#Semiconductors and Industrial Electronics

“The regulatory approval from the Committee on Foreign Investment in the United States has been obtained on 10th March, 2025 and received by us on 11th March, 2025.”mnacritique.mergersindia.com

1 source
mnacritique.mergersindia.comCG Power gets nod for $36 mn deal to acquire Renesas Electronics business | M&A CritiqueMar 13, 2025

Summarized from public sources; check the original articles before acting on it.

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CG Semi launches OSAT facility in Sanand, Gujarat
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Jul 31, 2025CONTRACTIndia$38.0M
PGCIL awards Rs3.17B contract to CG Power for 765 kV reactors
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Jun 19, 2025CONTRACTIndia$74.0M
CG Power wins Rs 6.41 billion transformer order from PowerGrid
Power Grid Corporation of India customer CG Power and Industrial Solutions supplier constructionworld.in
May 29, 2025ACQUISITIONIndia$19.0M
Baoding Tianwei Baobian Electric to sell 90% stake in Baobian India to Atlanta Electricals
Atlanta Electricals Limited acquirer CG Power and Industrial Solutions partner stcn.com marketscreener.com
May 16, 2025NEW FACILITYSanand, Gujarat, India$912.0Mops Q3 2026
Renesas-CG Power JV to build OSAT plant in Sanand, Gujarat
CG Power and Industrial Solutions Renesas Electronics Corporation partner eletimes.ai

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