TDK to acquire InvenSense; closes public tender offer to acquire Tronics

News
M&A

Acquisition to bolster company’s growth in sensor, actuator products business

TDK has inked a definitive agreement to buy all outstanding InvenSense shares for a cash consideration of USD 1.3 billion, the two companies said in separate press releases.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload