Acquiring Company
Diodes Incorporated
Acquired Company
ElevATE Semiconductor
Description
Diodes Incorporated has successfully completed the acquisition of ElevATE Semiconductor for $250 million in cash. ElevATE is recognized for its advanced integrated circuits tailored for the Automated Test Equipment market. This acquisition strengthens Diodes' position in the high-growth ATE sector. The move emphasizes Diodes’ commitment to expanding its product offerings and market presence.
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Based on deal dataFrequently asked
Who acquired ElevATE Semiconductor?
ElevATE Semiconductor was acquired by Diodes Incorporated, based in Plano. The deal was reported on August 27, 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 August 27, 2026. Diodes Incorporated has successfully completed the acquisition of ElevATE Semiconductor for $250 million in cash. ElevATE is recognized for its advanced integrated circuits tailored for the Automated Test Equipment market. 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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