23.2 Billion Dollars for M&A Takeover Wave in the Semiconductor Sector Coming to an End

Der Wert der Mergers Und Acquisitions (M&A), die bisher in diesem Jahrzehnt in der Halbleiterindustrie stattgefunden haben. 2015 ragt mit über 100 Mrd. Dollar heraus, jetzt läuft die Übernahmewelle aus.
The value of the mergers and acquisitions (M&A) that have taken place in the semiconductor industry so far this decade. 2015 stands out with over 100 billion dollars, now the wave of takeovers is coming to an end.

23.2 billion dollars was the value of the takeovers in the semiconductor industry in 2018. Measured by 2015/2016 this is little, measured by "normal" years still very much.

But the wave of mergers and acquisitions (M&A) that sloshed over the semiconductor industry in 2015 and 2016 is slowly coming to an end. In 2015 the value of acquisitions and mergers was 107.3 billion dollars, in 2016 transactions worth 100.4 billion dollars were announced. The figure for 2016 then had to be revised downwards to 59.3 billion dollars, mainly because the purchase of Qualcomm by Broadcom was cancelled for 39 billion dollars, later even 44 billion dollars.

On the other hand, in 2017 the takeovers only reached 28.1 billion dollars and last year they fell further to 23.2 billion dollars. That sounds comparatively little, but at 23.2 billion dollars the value of mergers and acquisitions was still twice the average for the first half of the decade: between 2010 and 2014 it had averaged only 12.6 billion dollars.

With 8.35 billion dollars, Microchip achieved the takeover record in 2018. The company bought Microsemi for this amount and closed the transaction in May. With 6.7 billion dollars, the takeover of IDT by Renesas last year ranked second. The takeover is expected to be completed in June of this year.

In October 2018, Micron announced that it would acquire Intel's stake in the IM Flash Technology joint venture for $1.5 billion. In the second half of 2019 this is to be brought on stage.

Wingtech Technology, a Chinese EMS company, also caused a sensation when it acquired Nexperia. As a provider of discrete and standard logic components, Nexperia emerged from NXP as recently as 2017. Chinese investors were behind it. In 2018, Wingtech began buying the shares and intends to spend a total of 3.8 billion dollars on them. In 2019, Wingtech plans to reach a stake of 76 percent.