41 Acquisitions of Companies in the Electronics Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Electronics industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 41 acquisitions that took place in the Electronics industry.

APAG Elektronik acquired by Kanoria Chemicals

Details about the transaction:

Acquisition amount:

$8,452,704

Announcement:

20 April 2012

Details about the company:

For the automobile industry, APAG Elektronik creates, develops, and produces measuring and control equipment as well as LED-based lighting systems.

Headquarter:

Dubendorf, Zurich, Switzerland

Where to find them:

Industry:

Electronics, Manufacturing

Details about the buyer:

India's top producer of chemical intermediates is Kanoria Chemicals & Industries Limited (KCI).

Headquarter:

Kolkata, West Bengal, India

Where to find them:

Atlanta Micro acquired by Mercury Systems

Details about the transaction:

Acquisition amount:

$90,000,000

Announcement:

29 November 2021

Details about the company:

Atlanta Micro creates RF and microwave solutions for challenging environments and applications.

Headquarter:

Norcross, Georgia, United States

Where to find them:

Industry:

Electronics, Industrial, Manufacturing

Details about the buyer:

Leading commercial manufacturer of secure sensor and safety-critical processing subsystems is Mercury Systems.

Headquarter:

Andover, Massachusetts, United States

Where to find them:

Axerra Networks acquired by DragonWave

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

14 October 2010

Details about the company:

Pseudo-wire provider Axerra Networks offers solutions for circuit and service emulation via packet access networks.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Electronics, Internet, Mobile, Wireless

Details about the buyer:

High-capacity Ethernet microwave solutions for Internet protocol (IP) networks are offered by DragonWave Inc. (DragonWave). Its

Headquarter:

Ottawa, Ontario, Canada

Where to find them:

Tengwei Electronics acquired by Guangzhou Tinci Materials Technology

Details about the transaction:

Acquisition amount:

$5,337,682

Announcement:

25 November 2022

Details about the company:

Electronic adhesives are the primary area of innovation for Tengwei Electronics.

Headquarter:

Dongguan, Hebei, China

Where to find them:

Industry:

Electrical Distribution, Electronics, Industrial

Details about the buyer:

Fine chemicals and novel materials are developed, produced, and sold by Guangzhou Tinci Materials Technology.

Headquarter:

Guanzhou, Guangdong, China

Where to find them:

Cryo Pur acquired by Française de l'Energie

Details about the transaction:

Acquisition amount:

$2,698,575

Announcement:

19 April 2022

Details about the company:

A system for liquefying and purifying biomethane is produced and sold by Cryo Pur.

Headquarter:

Palaiseau, Ile-de-France, France

Where to find them:

Industry:

Agriculture, Consumer Electronics, Environmental Engineering, Manufacturing

Details about the buyer:

French company Française de l'Energie is involved in the investigation and assessment of France's gas resources.

Headquarter:

Forbach, Lorraine, France

Where to find them:

EMtest acquired by AMETEK

Details about the transaction:

Acquisition amount:

$94,399,065

Announcement:

25 October 2011

Details about the company:

Electronic test and measurement tools are produced by EMtest, a privately held company.

Headquarter:

Reinach, Aargau, Switzerland

Where to find them:

Industry:

Electronics, Manufacturing

Details about the buyer:

Manufacturer of electrical instruments and electromechanical equipment AMETEK operates globally.

Headquarter:

Berwyn, Pennsylvania, United States

Where to find them:

E-Mantech acquired by Yachuang Electronics Group

Details about the transaction:

Acquisition amount:

$18,344,979

Announcement:

9 January 2022

Details about the company:

E-Mantech is a wholesaler of electronic components and a supplier of Internet of Things solutions.

Headquarter:

Shenzhen, Guangdong, China

Where to find them:

Industry:

Automotive, Electronics, Hardware, Internet of Things, Sales, Telecommunications

Details about the buyer:

Vehicle active and passive parts are distributed by TEXIN. They also offer navigation and entertainment systems for vehicles.

Headquarter:

Shanghai, Shanghai, China

Where to find them:

Hologic Hitec-Imaging acquired by Hologic

Details about the transaction:

Acquisition amount:

$26,536,461

Announcement:

2 May 2006

Details about the company:

Photoconductors are created, produced, and sold by Hologic Hitec-Imaging for use as image carriers in electro photographic copiers and printers.

Headquarter:

Warstein, Nordrhein-Westfalen, Germany

Where to find them:

Industry:

Electronics, Manufacturing, Photography

Details about the buyer:

In order to meet the demands of women's healthcare, Hologic develops and distributes diagnostic tools and systems for use in medical imaging.

Headquarter:

Marlborough, Massachusetts, United States

Where to find them:

HowStuffWorks acquired by Blucora

Details about the transaction:

Acquisition amount:

$45,000,000

Announcement:

21 April 2014

Details about the company:

A commercial educational website called HowStuffWorks offers advice, facts, and reviews along with videos and examples.

Headquarter:

Atlanta, Georgia, United States

Where to find them:

Industry:

Electronics, Podcast, Video

Details about the buyer:

Blucora is a company that offers internet-related services and manages a variety of online enterprises.

Headquarter:

Irving, Texas, United States

Where to find them:

Networks Centre acquired by Alcadon

Details about the transaction:

Acquisition amount:

$38,464,638

Announcement:

10 August 2022

Details about the company:

Networks Centre is a distributor of security and end-to-end network cabling products.

Headquarter:

Haywards Heath, West Sussex, United Kingdom

Where to find them:

Industry:

Computer, Electronics, Manufacturing, Security, Telecommunications

Details about the buyer:

Alcadon creates and provides solutions for data and network connectivity and works mostly in the electrical components sector.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Encompass Supply Chain Solutions, Inc. acquired by Comvest Partners

Details about the transaction:

Acquisition amount:

$32,700,000

Announcement:

23 December 2019

Details about the company:

Consumer electronics company Encompass Supply Chain Solutions offers board repair and reverse logistics services.

Headquarter:

Lawrenceville, Georgia, United States

Where to find them:

Industry:

Consumer Electronics, Logistics

Details about the buyer:

Private investment company Comvest Partners offers loan and equity financing to lower middle-market businesses.

Headquarter:

West Palm Beach, Florida, United States

Where to find them:

Protonex Technology Corporation acquired by Ballard Power Systems

Details about the transaction:

Acquisition amount:

$30,000,000

Announcement:

29 June 2015

Details about the company:

changing the method in which portable electricity is used.

Headquarter:

Southborough, Massachusetts, United States

Where to find them:

Industry:

Electronics, Energy, Manufacturing

Details about the buyer:

Ballard Power Systems generally operates in the United States, Canada, Japan, and Germany when developing and marketing hydrogen fuel cell devices.

Headquarter:

Burnaby, British Columbia, Canada

Where to find them:

Saankhya Labs acquired by Tejas Networks India

Details about the transaction:

Acquisition amount:

$37,458,387

Announcement:

1 March 2022

Details about the company:

Bangalore, India-based Saankhya Labs is a privately held Fabless semiconductor firm.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Industry:

Consumer Electronics, Electronics, Software

Details about the buyer:

Tejas Networks supplies optical networking components and services to international and Indian telecom networks.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

SectorQube acquired by Open App

Details about the transaction:

Acquisition amount:

$2,325,519

Announcement:

5 May 2022

Details about the company:

SectorQube offers a comprehensive range of IT services, corporate solutions, consulting, and consumer electronics.

Headquarter:

Kochi, Kerala, India

Where to find them:

Industry:

Consulting, Consumer Electronics, Embedded Systems, Hardware, Information Technology, Software

Details about the buyer:

a Bangalore-based startup that manufactures business-grade smart locks.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Société Française de Garantie acquired by Homeserve

Details about the transaction:

Acquisition amount:

$38,187,555

Announcement:

26 May 2009

Details about the company:

The Société Française de Garantie provides after-sale technical appliances and warranty extensions.

Headquarter:

Rousset, Provence-Alpes-Cote d'Azur, France

Where to find them:

Industry:

Consumer Electronics, Retail, Sales

Details about the buyer:

Homeserve is a consumer service business that offers landlords and house owners maintenance and repair services.

Headquarter:

Walsall, Walsall, United Kingdom

Where to find them:

Tritek Solutions acquired by Perficient

Details about the transaction:

Acquisition amount:

$19,000,000

Announcement:

2 May 2013

Details about the company:

Manufacturers' representative Tritek Solutions has locations in Northern and Southern California.

Headquarter:

Santa Margarita, California, United States

Where to find them:

Industry:

Consulting, Consumer Electronics, Information Technology, Manufacturing

Details about the buyer:

Perficient is an IT consulting company that assists businesses in modifying their systems to accommodate internet-based technologies from third parties.

Headquarter:

Austin, Texas, United States

Where to find them:

VIP Electronic Cigarette acquired by Victory Electronic Cigarettes

Details about the transaction:

Acquisition amount:

$50,473,271

Announcement:

22 April 2014

Details about the company:

VIP E-cig provides a practical substitute for tobacco use.

Headquarter:

Radcliffe, Nottinghamshire, United Kingdom

Where to find them:

Industry:

Consumer Electronics

Details about the buyer:

Manufacturer of electronic cigarettes is Victory Electronic Cigarettes.

Headquarter:

Nunica, Michigan, United States

Where to find them:

VTI Instruments Corporation acquired by Vitrek LLC

Details about the transaction:

Acquisition amount:

$10,750,000

Announcement:

11 April 2022

Details about the company:

Precision modular instrumentation and solutions for electronic signal distribution, acquisition, monitoring, etc. are provided by VTI Instruments.

Headquarter:

Albany, New York, United States

Where to find them:

Industry:

Electronics, Manufacturing

Details about the buyer:

Electrical safety test and measuring tools are produced by Vitrek LLC.

Headquarter:

Poway, California, United States

Where to find them:

Warhorse Studios acquired by Koch Media

Details about the transaction:

Acquisition amount:

$37,401,455

Announcement:

13 February 2019

Details about the company:

A group of seasoned professionals founded the video game production business Warhorse Studios.

Headquarter:

Prague, Hlavni mesto Praha, Czech Republic

Where to find them:

Industry:

Consumer Electronics, Software

Details about the buyer:

Koch Media is an independent manufacturer and distributor of digital entertainment gear.

Headquarter:

Hofen, Tirol, Austria

Where to find them:

WEETECH acquired by Halma

Details about the transaction:

Acquisition amount:

$56,288,447

Announcement:

6 October 2022

Details about the company:

For testing cables, harnesses, backplanes, and electrical devices, WEETECH provides test systems.

Headquarter:

Wertheim, Baden-Wurttemberg, Germany

Where to find them:

Industry:

Electronics, Manufacturing, Test and Measurement

Details about the buyer:

Halma is a collection of firms that develop life-saving technologies to stop accidents, save lives, and safeguard people and property.

Headquarter:

Slough, Buckinghamshire, United Kingdom

Where to find them:

Westlock Controls acquired by Crane Co

Details about the transaction:

Acquisition amount:

$40,000,000

Announcement:

1 May 2017

Details about the company:

Switchboxes are manufactured and sold by Westlock Controls.

Headquarter:

Saddle Brook, New Jersey, United States

Where to find them:

Industry:

Consumer Electronics, Manufacturing

Details about the buyer:

Manufacturer of engineered industrial items is Crane Co.

Headquarter:

Stamford, Connecticut, United States

Where to find them:

SEAT acquired by Hangzhou Oxygen Plant Group

Details about the transaction:

Acquisition amount:

$31,719,149

Announcement:

8 December 2022

Details about the company:

SEAT produces gases for electronic materials of the highest quality.

Headquarter:

Quzhou, Zhejiang, China

Where to find them:

Industry:

Chemical, Electronics, Manufacturing, Oil and Gas

Details about the buyer:

Product manufacturers of industrial gas machinery include Hangzhou Oxygen Plant Group.

Headquarter:

Hangzhou, Zhejiang, China

Where to find them:

Alcon Electronics acquired by Exxelia Group

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

19 January 2022

Details about the company:

Alcon offers a wide selection of film capacitors as well as screw terminal electrolytic capacitors in aluminum.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Industry:

Electronics, Industrial, Manufacturing, Service Industry

Details about the buyer:

The Exxelia Group develops and produces electromechanical and electrical products.

Headquarter:

Paris, Ile-de-France, France

Where to find them:

Audix acquired by Vitec Imaging Solutions

Details about the transaction:

Acquisition amount:

$39,900,000

Announcement:

11 January 2022

Details about the company:

In the US market, Audix is a premium microphone brand with a cult following for studio and live performance audio.

Headquarter:

Wilsonville, Oregon, United States

Where to find them:

Industry:

Electronics, Manufacturing

Details about the buyer:

The premium branded photography and video equipment is designed, produced, and distributed by the Vitec Imaging Solutions Division.

Headquarter:

Casola, Emilia-Romagna, Italy

Where to find them:

NOBOT acquired by mediba

Details about the transaction:

Acquisition amount:

$19,287,028

Announcement:

28 July 2011

Details about the company:

AdMaker, a platform for mobile application advertising, is a solution that NOBOT offers for mobile advertising.

Headquarter:

Tokyo, Tokyo, Japan

Where to find them:

Industry:

Advertising, Advertising Platforms, Android, Consumer Electronics, iOS, Mobile

Details about the buyer:

Advertising, business research, media creation, and company development services are all offered by Mediba Inc.

Headquarter:

Tokyo, Tokyo, Japan

Where to find them:

InYantra Technologies acquired by Volex

Details about the transaction:

Acquisition amount:

$13,000,000

Announcement:

7 March 2022

Details about the company:

Electronics Design Manufacturing Services are provided by InYantra Technologies.

Headquarter:

Satara, Maharashtra, India

Where to find them:

Industry:

Electronics, Industrial Manufacturing, Manufacturing

Details about the buyer:

High-tech goods and services depend on Volex Plc's high-quality power cords, electronic interconnect, and fiber optic cable solutions.

Headquarter:

London, England, United Kingdom

Where to find them:

NanoAvionics acquired by Kongsberg Defence & Aerospace

Details about the transaction:

Acquisition amount:

$66,668,992

Announcement:

5 July 2022

Details about the company:

There are now five offices for NanoAvionics, a smallsat bus maker and mission integrator, in the US, the UK, and LT.

Headquarter:

Columbia, Illinois, United States

Where to find them:

Industry:

Aerospace, Communication Hardware, Consumer Electronics, Electronics, Hardware, Industrial Engineering, Internet of Things, Manufacturing, Satellite Communication

Details about the buyer:

A leading provider of systems and solutions for the defense and aerospace industries is Kongsberg Defence & Aerospace.

Headquarter:

Kongsberg, Buskerud, Norway

Where to find them:

Sensor Solutions Corporation acquired by Standex International

Details about the transaction:

Acquisition amount:

$9,700,000

Announcement:

1 March 2022

Details about the company:

Magnetic sensors and accessories from Sensor Solutions, including digital switches, are designed and produced.

Headquarter:

Steamboat Springs, Colorado, United States

Where to find them:

Industry:

Computer, Electronics, Manufacturing, Sensor

Details about the buyer:

Global manufacturing business Standex International Corporation operates in five segments:

Headquarter:

Salem, New Hampshire, United States

Where to find them:

Stihler Electronic acquired by Gentherm

Details about the transaction:

Acquisition amount:

$18,200,000

Announcement:

1 April 2019

Details about the company:

Manufacturers of medical equipment including patient warming systems and hypothermia include Stihler Electronic.

Headquarter:

Leinfelden-echterdingen, Baden-Wurttemberg, Germany

Where to find them:

Industry:

Electronics, Health Care, Manufacturing, Medical Device

Details about the buyer:

The global creator and marketer of cutting-edge thermal management technology for a variety of applications is Gentherm Incorporated (NASDAQ-GS:THRM).

Headquarter:

Northville, Michigan, United States

Where to find them:

AllCell Technologies acquired by Beam Global

Details about the transaction:

Acquisition amount:

$30,000,000

Announcement:

23 February 2022

Details about the company:

Modern lithium-ion battery packs are created and manufactured by AllCell for use in transportation and renewable energy systems.

Headquarter:

Chicago, Illinois, United States

Where to find them:

Industry:

Electronics, IT Management, Manufacturing

Details about the buyer:

Beam Global is a pioneer in clean technology, producing solutions for energy security, outdoor media, and sustainable electric vehicle (EV) charging.

Headquarter:

San Diego, California, United States

Where to find them:

Billi UK acquired by Strix Group Plc

Details about the transaction:

Acquisition amount:

$43,153,523

Announcement:

5 October 2022

Details about the company:

Billi specializes in producing water filtration devices that use less energy.

Headquarter:

Wolverhampton, Wolverhampton, United Kingdom

Where to find them:

Industry:

Consumer Electronics, Electronics, Manufacturing, Water, Water Purification

Details about the buyer:

Kettle controls are produced by Strix Group Plc.

Headquarter:

Pulford, Wrexham, United Kingdom

Where to find them:

Retail Express (Acquired by Maropost) acquired by Maropost

Details about the transaction:

Acquisition amount:

$40,006,497

Announcement:

18 January 2022

Details about the company:

The most popular cloud retail software is called Retail Express.

Headquarter:

Brisbane, Queensland, Australia

Where to find them:

Industry:

Consumer Electronics, Information Technology, Point of Sale, Retail, Retail Technology, Software

Details about the buyer:

Maropost offers on-demand platforms for infrastructure, e-commerce, and digital marketing.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Chromatography Research Supplies acquired by Trajan

Details about the transaction:

Acquisition amount:

$43,300,000

Announcement:

17 June 2022

Details about the company:

Ferrules, injection port septa, and electronic and manual crimping equipment are all produced by Chromatography Research Supplies.

Headquarter:

Louisville, Kentucky, United States

Where to find them:

Industry:

Electronics, Manufacturing

Details about the buyer:

A biotech business called Trajan creates and markets technology that support analytical systems.

Headquarter:

Ringwood, Victoria, Australia

Where to find them:

Dynamic Precision Solutions AB acquired by NOTE

Details about the transaction:

Acquisition amount:

$1,905,481

Announcement:

8 July 2022

Details about the company:

Dynamic Precision Solutions encourage the evolution toward a world that is more conscious and linked.

Headquarter:

Herrljunga, Vastra Gotaland, Sweden

Where to find them:

Industry:

Electronics

Details about the buyer:

NOTE AB serves as a manufacturing and logistical partner in the development of goods based on electronics.

Headquarter:

Kista, Stockholms Lan, Sweden

Where to find them:

ESS Metron acquired by Riot Blockchain

Details about the transaction:

Acquisition amount:

$50,000,000

Announcement:

1 December 2021

Details about the company:

Switchboards, switchgear, tap boxes, bussed gutters, bespoke panels, and unitized distribution systems are all produced and delivered by ESS Metron.

Headquarter:

Denver, Colorado, United States

Where to find them:

Industry:

Electrical Distribution, Electronics, Industrial Manufacturing, Manufacturing, Wholesale

Details about the buyer:

Bitcoin cryptocurrency mining is the main focus of Riot Blockchain.

Headquarter:

Castle Rock, Colorado, United States

Where to find them:

Etion Create acquired by Reunert

Details about the transaction:

Acquisition amount:

$11,839,087

Announcement:

3 October 2022

Details about the company:

A manufacturer of original designs is Etion Create.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Industry:

Electrical Distribution, Electronics, Manufacturing

Details about the buyer:

Reunert oversees a variety of companies in the information and communication technology and electrical engineering sectors.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Holaday Circuits acquired by Firan Technology Group

Details about the transaction:

Acquisition amount:

$17,761,950

Announcement:

28 December 2022

Details about the company:

Holaday Circuits is committed to producing Printed Circuit Boards of the highest caliber.

Headquarter:

Minnetonka, Minnesota, United States

Where to find them:

Industry:

Electronics, Manufacturing

Details about the buyer:

High-tech printed circuit boards and precise lit display systems are produced by Firan Technology Group.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

MTM Engineering acquired by Waterland Private Equity

Details about the transaction:

Acquisition amount:

$30,292,229

Announcement:

17 July 2022

Details about the company:

Electrical and mechanical contracting business MTM Engineering does LV and MV pulling installation and termination services.

Headquarter:

Slane, Meath, Ireland

Where to find them:

Industry:

Consulting, Electronics, Manufacturing, Small and Medium Businesses

Details about the buyer:

An investment firm called Waterland Private Equity assists business owners in achieving their aspirations for expansion.

Headquarter:

Bussum, Noord-Holland, The Netherlands

Where to find them:

NetFortris acquired by Sangoma Technologies

Details about the transaction:

Acquisition amount:

$80,000,000

Announcement:

29 March 2022

Details about the company:

Secure cloud-based UCaaS and managed network solutions are offered by NetFortris.

Headquarter:

Seattle, Washington, United States

Where to find them:

Industry:

Electronics, Information Technology, Internet, Location Based Services, Software

Details about the buyer:

For SMBs, Enterprises, OEMs, Carriers, and service providers, Sangoma offers unified communications and UC as a service (UCaaS) solutions.

Headquarter:

Markham, Ontario, Canada

Where to find them:

The Pennsylvania Globe Gaslight acquired by Manali Petrochemicals

Details about the transaction:

Acquisition amount:

$25,359,593

Announcement:

30 November 2022

Details about the company:

Gaslights are attributed with being invented by the Pennsylvania Globe Gaslight Company (Penn Globe), which is well-known for its illumination and creative design.

Headquarter:

North Branford, Connecticut, United States

Where to find them:

Industry:

Electronics, Lighting, Manufacturing

Details about the buyer:

Manali Petrochemicals is a chemicals business that creates cutting-edge products.

Headquarter:

Chennai, Tamil Nadu, India

Where to find them:

Shengbang Electronics acquired by Sinotec

Details about the transaction:

Acquisition amount:

$35,410,965

Announcement:

16 November 2022

Details about the company:

Supplier of electronic parts for automobiles is Shengbang Electronics.

Headquarter:

Wuxi, Anhui, China

Where to find them:

Industry:

Automotive, Electronics, Manufacturing, Supply Chain Management

Details about the buyer:

Shanghai Sinotec produces components for automobiles.

Headquarter:

Qingpu, Shanghai, China

Where to find them: