The Global Semiconductor Alliance (GSA) released its August statics from its Global Semiconductor Funding, IPO and M&A Update, including:
• In August, six semiconductor companies raised $65.3 M, down 20 percent from the $81.6 M raised in July 2011. August’s funding total decreased year-over-year (YoY) at a rate of 17.3 percent.
•In August, all company segments garnered funding.
• For the third consecutive month, no semiconductor companies priced. August saw only one semiconductor company file for an initial public offering -- M/A-COM Technology Solutions Holdings Inc.
• When looking at the closing stock prices posted on August 31 for those companies that priced in 2011, with the exception of Ingenic Semiconductor, no companies posted a higher stock price than their offer price.
• In August, the number of semiconductor mergers and acquisitions (M&As) announced (i.e., M&As of entire fabless, IDM and semiconductor supplier companies, not sectors/product lines or foundry facilities) decreased by eight MoM and three YoY.
The statistics are available at www.gsaglobal.org/publications/fundings/index.asp