IXYS Acquired By Littlefuse
Milpitas-based power semicoductor maker IXYS has been acquired by Littelfuse, in a deal worth $750M, the two said this morning. The two companies said the transaction, a mix of cash and stock, has an enterprise value of $655M. IXYS stockholders will have the choice to receive either $23.00 in cash or 0.1265 of a share of Littelfuse common stock in the deal. IXYS is a manufacturer of everything from metal-oxide semiconductor field effect transistors (MOSFETs), insulated gate bipolar transistors (IGBTs) to embedded microcontrollers, AC regulators for the wind energy market, RF and microwave devices, and more.
posted on Monday, August 28, 2017
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