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Announced

Completed

Renesas Electronics completed the acquisition of Steradian Semiconductors.

Financials

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

Tags

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Single Bidder

Cross Border

semiconductors

Semiconductors

Majority

Acquisition

digital imaging products

Private

India

Friendly

Completed

Synopsis

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Renesas Electronics, a global provider of microcontrollers, completed the acquisition of Steradian Semiconductors, a developer of 4D imaging radar products. Financial terms were not disclosed. "Renesas' industry-leading portfolio of embedded solutions and broad customer base serve as an ideal foundation to maximize Steradian’s radar technology worldwide. By working together with the Renesas team, we will continue to develop innovative radar solutions that deliver the high performance, small footprint and low power consumption that our customers desire," Gireesh Rajendran, Steradian CEO.

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