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ClosedPublished 15 Aug 2022

Navitas Semiconductor Corporation /
GeneSiC Semiconductor Inc.

Navitas adds GeneSiC semiconductor business

Terms
Not stated
Stage
Closed
Source · 15 Aug 2022
See the source
01 / BuyerNavitas Semiconductor Corporation
02 / TargetGeneSiC Semiconductor Inc.
01

What happened

Navitas Semiconductor Corporation completed its acquisition of GeneSiC Semiconductor Inc. on August 15, 2022. The merger leaves GeneSiC operating as a wholly owned subsidiary of Navitas.

Consideration included approximately $100,000,000 in cash and 24,883,161 shares of Navitas common stock. GeneSiC designs, manufactures, produces and sells silicon carbide semiconductor technologies and products.

02

The source

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01
Source · Source

Navitas adds GeneSiC semiconductor business

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03

Timeline

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  1. Closed

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  2. Published by the source

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