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Announced

Murata to acquire Resonant for $296m.

Financials

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Transaction Value£218m
Consideration TypeCash
Capital Owned-
Capital Bid For96%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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wireless communications

Majority

Single Bidder

United States

Acquisition

Friendly

Public

Domestic

Telecommunications Equipment

Pending

Synopsis

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Murata, a manufacturer of silicon capacitive acceleration and pressure sensors, agreed to acquire Resonant, a firm developing software, intellectual property and a services platform, for $296m. “This acquisition will combine Murata’s world-leading mobile RF product capabilities with Resonant’s best-in-class XBAR filter solutions and world-class team of talented engineers. We have collaborated closely with Resonant for many years on the development of proprietary circuit designs using Resonant’s XBAR technology, and Resonant licensed to Murata rights for products in multiple specific radio frequencies in connection with our commercial partnership. This transaction will deepen our existing partnership and position us to better meet our customers’ needs and expand opportunities for Murata," Norio Nakajima, Murata President.

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