On the Record · Microsemi
Microsemi acquisitions, on the record
The businesses Microsemi bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Vitesse Semiconductor CorporationWord for word“The consideration for this acquisition was $383.2 million for all the equity interests of Vitesse.” 10-K for 2015 | acquisition | — | $383.2 million |
Symmetricom, Inc.Word for word“We recorded an increase in net sales between 2014 and 2013, with sales in each of our end markets benefiting from our acquisition of Symmetricom, Inc. ("Symmetricom"), which occurred in the first quarter of 2014.” 10-K for 2015 | acquisition | first quarter of 2014 | — |
Mingoa Ltd.Word for word“Net cash used in investing activities in 2014 consisted of $39.4 million in purchases of property and equipment and net cash consideration of $337.6 million for the acquisitions of Symmetricom, Centellax, Inc. and Mingoa Ltd., partially offset by $41.0 million from the proceeds from the sales of short term investments.” 10-K for 2015 | acquisition | 2014 | — |
PMC-Sierra, Inc.Word for word“On January 15, 2016, we acquired all outstanding shares of PMC-Sierra, Inc. (“PMC”).” 10-K for 2016 | acquisition | On January 15, 2016 | — |
Remote Radio Head businessWord for word“On April 28, 2016, we divested our Remote Radio Head business to MaxLinear, Inc.” 10-K for 2016 | divestiture | On April 28, 2016 | — |
Vitesse Semiconductor Corporation ("Vitesse")Word for word“Net cash used in investing activities in 2015 consisted of $44.1 million in purchases of property and equipment and net cash consideration of $363.9 million for the acquisition of Vitesse, partially offset by $0.6 million of proceeds from the sales of short term investments.” 10-K for 2016 | acquisition | — | net cash consideration of $363.9 million for the acquisition of Vitesse |
Symmetricom, Inc. ("Symmetricom"), Centellax, Inc. and Mingoa Ltd.Word for word“Net cash used in investing activities in 2014 consisted of $39.4 million in purchases of property and equipment and net cash consideration of $337.6 million for the acquisitions of Symmetricom, Centellax, Inc. and Mingoa Ltd., partially offset by $41.0 million of proceeds from the sales of short term investments.” 10-K for 2016 | acquisition | — | net cash consideration of $337.6 million for the acquisitions of Symmetricom, Centellax, Inc. and Mingoa Ltd. |
a non-strategic component of a board level systems and packaging businessWord for word“The declines in each year were primarily attributable to a divestiture in May 2016 that operated a non-strategic component of a board level systems and packaging business.” 10-K for 2017 | divestiture | May 2016 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-10-02 | $1.69 billion | $321 million | $1.47 billion |
| 2017-10-01 | $42 million | — | $10.6 million |
Deal filings since 2016
- 2018-05-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-05-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-19 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Microsemi’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) and the financial data it files with the SEC, as of 2017-11-14. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.