Acquiring Company
Diodes Incorporated
Acquired Company
ElevATE Semiconductor
PlanoIntellectual PropertyManufacturingElectronicsSemiconductorDescription
Diodes Incorporated has successfully completed its acquisition of ElevATE Semiconductor for USD 250 million on August 27, 2026. This acquisition enhances Diodes' capabilities in semiconductor testing and aims for over 20% compound annual revenue growth. ElevATE will significantly complement Diodes' existing analog and power product portfolio. The deal positions Diodes to expand its reach in the critical automated test equipment market.
Fundz sees it the moment Diodes Incorporated makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Who acquired ElevATE Semiconductor?
ElevATE Semiconductor was acquired by Diodes Incorporated, based in Plano. The deal was reported on October 2, 2026. Diodes Incorporated is privately held and operates in Intellectual Property.
When did Diodes Incorporated acquire ElevATE Semiconductor?
Diodes Incorporated's acquisition of ElevATE Semiconductor was reported on October 2, 2026. Diodes Incorporated has successfully completed its acquisition of ElevATE Semiconductor for USD 250 million on August 27, 2026. This acquisition enhances Diodes' capabilities in semiconductor testing and aims for over 20% compound annual revenue growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ElevATE Semiconductor do?
ElevATE Semiconductor focuses on the development of state-of-the-art analog and mixed-signal solutions. The company aims to provide advanced technologies to enhance performance in various electronic applications. It is privately held, operating in Manufacturing.
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