Renesas Completes Acquisition Of Reality Ai

Jul 20, 2022•about 3 years ago

Acquiring Company

Renesas Electronics Corporation

Acquired Company

Reality Analytics, Inc.

New York

Description

Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced the completion of the acquisition of Reality Analytics, Inc. (Reality AI), a leading provider of embedded AI solutions, as of July 19, 2022, following Reality AI shareholders’ and required regulatory approval.

Company Information

Company

Renesas Electronics Corporation

About

Renesas Electronics Corporation (TSE: 6723) (“Renesas”) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future. Learn more at renesas.com. Follow us on LinkedIn, Facebook, Twitter, and YouTube.

FundzWatch™ Score

High M&A Activity

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed