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Slide #74. IXYS Corporation — Samsung Electronics 4-/8-bit microcontroller business
IXYS Corporation (IXYS)
Samsung Electronics 4-/8-bit microcontroller business
IXYS Corporation (NASDAQ:IXYS), an international power semiconductor and IC company, today announced it has executed a definitive agreement with Samsung Electronics to acquire Samsung's 4-/8-bit microcontroller business for approximately $50 million. As part of the agreement, IXYS will receive nearly 80 products, inventories, intellectual property and other assets exclusively related to the 4-/8-bit business. The acquisition is subject to various customary closing conditions and is expected to be completed within four weeks from the date of signing of the definitive agreement. The net impact is expected to be accretive for IXYS in the fiscal year ending March 31, 2014.
IXYS is a semiconductor company. Co.'s power semiconductor products are divided into two primary categories: power metal-oxide-silicon transistors and bipolar products. Also, Co.'s integrated circuits (ICs) include microcontrollers, mixed-signal application specific integrated circuits, and power management and control ICs, and its radio frequency power semiconductors include field-effect transistors, pseudomorphic-high-electron-mobility transistors, Gunn diodes and monolithic microwave ICs. In addition, Co.'s systems and other products include laser diode drivers, high voltage pulse generators and modulators, as well as high power subsystems, sometimes known as modules or stacks.
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