AcquisitionJul 14, 2026Completed
🇺🇸 United States
ESElevate Semiconductor, Inc.DIDiodes Incorporated
Technology › Semiconductors
Equity value$250MEquity value
AnnouncedJul 14, 2026
ConsiderationCash
StructureNot stated
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Diodes Incorporated entered into a definitive agreement to acquire ElevATE Semiconductor, a San Diego fabless semiconductor company making ICs for automated test equipment, in an all-cash transaction for $250 million.
Deal rationale
The acquisition expands Diodes' analog and mixed-signal portfolio and increases its penetration of the growing ATE market.
AI-generated from the SEC filingCompletedTechnology › SemiconductorsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $250M | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
None listed
Sell-side
BOBank of America
Parties
Target
ESElevate Semiconductor, Inc.
- Headquarters
- United States
- Ticker
- —
Seller
PIPresidio Investors ELV Continuation Fund, LP
- Headquarters
- —
- Ticker
- —