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Announced

Completed

Presto Engineering completed the acquisition of FORCE Technology's DELTA Microelectronics business.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Semiconductors

Denmark

United Kingdom

Friendly

ASIC services

Acquisition

Majority

Single Bidder

Private

Completed

Synopsis

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Presto Engineering, an outsourced operations provider to semiconductor and IoT device manufacturers, completed the acquisition of DELTA Microelectronics business, a provider of ASIC services for the semiconductor industry, from FORCE Technology, a technology service provider. Financial terms were not disclosed. “Joining forces with Presto brings our customers the best of both worlds. DELTA Microelectronics’ team will continue to provide the top-quality semiconductor services – from ASIC design to complete turnkey ASIC manufacturing operations – that our customers are accustomed to, and they will also benefit from a more flexible and comprehensive model focused exclusively on semiconductor applications,” Juan Farre, FORCE Technology CTO.

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