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New Deal


Announced

onsemi to acquire GT Advanced Technologies for $415m.

Financials

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Transaction Value£302m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

silicon carbide

Pending

Acquisition

Single Bidder

Domestic

Private

Friendly

Specialty Chemicals

Synopsis

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onsemi, a supplier of intelligent power, agreed to acquire GT Advanced Technologies, a producer of silicon carbide, for $415m. “This transaction reflects our confidence and stated commitment to meaningfully invest in silicon carbide solutions to support the creation of intelligent power and sensing technologies to help build a sustainable future,” Hassane El-Khoury, onsemi President and CEO.

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