Intellectual Property and Product Portfolio Expansion Drive Investments
Strategy Analytics has predicted consolidation in the compound semiconductor industry, but industry player strategies have matured beyond simply buying competitors for market share. Companies now look for valuable intellectual properties and opportunities to expand product portfolios into multiple new markets. Detailed analysis of the recent acquisitions and other key events in the compound semiconductor industry can be found in the following regularly scheduled reports from Strategy Analytics covering compound semiconductor industry news, including microelectronics, optoelectronics and material/equipment markets:
• Intellectual Property and Product Portfolio Expansion drive $918 M GaAs Industry Spending Spree.
• Compound Semiconductor Industry June–August 2007: Optoelectronics and Materials.
• Compound Semiconductor Industry June–August 2007 Review: Microelectronics.
Despite the sub-prime lending crunch, acquisitions by Anadigics, Avago Technology, Philips, RFMD, Triquint and others over the summer months approached $2 B, illustrating these trends. “As deals have become more difficult to finance, firms are being forced to scrutinize each deal more closely and use strategic financing to fund deals,” noted Asif Anwar. “The industry has learned to look for affordable gems with unique IP suited to products and strategies.”