Echelon Corporation

Activity by year

201820192020202120222023202420252026

Acquisition

Jun 30, 2018ACQUISITIONUnited States$30.0M
Adesto Technologies to acquire Echelon Corporation for about $30 million
Adesto Technologies agreed to acquire Echelon Corporation, a pioneer in networking for IoT markets, for an enterprise value of about $30 million. The deal is expected to close in Q3 2018, with Echelon becoming a business unit within Adesto.
Adesto Technologies acquirer Echelon Corporation target #Semiconductors and Industrial Electronics #Automation and Robotics eenewseurope.com
Jun 29, 2018ACQUISITION$45.0M
Adesto Technologies to acquire Echelon Corporation for $45 million
Adesto Technologies announced a definitive agreement to acquire Echelon Corporation for $8.50 per share, representing a total equity value of approximately $45 million. The acquisition aims to expand Adesto's semiconductor solutions for the Industrial IoT.
Adesto Technologies acquirer Echelon Corporation target #Semiconductors and Industrial Electronics globenewswire.com

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