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Established
1999
Location
Andover, MA, US
Primary Industry
Semiconductors
About
Founded in 1999 and based in Massachusetts, US, MEMSIC, Inc. designs and manufactures semiconductor sensors such as magnetometers, accelerometers, and hall switch sensors. In 2017, MEMSIC, Inc. was acquired by HC SemiTek Co.
, and in December 2019, MEMSIC Semiconductor (Tianjin) Co. , Ltd. Spun out to form its own entity. The firm manufactures inertial semiconductor sensors and micro-electromechanical systems such as magnetometers which measure magnetic field or magnetic dipole moment, and thermal accelerometers that measure proper acceleration for automotive, industrial products, IoT devices, and smartphones.
The company generates revenue through the sales of its products to electronic device and automotive manufacturers.
HC SemiTek Co., InveStar Capital, Still River Funds
Semiconductors
Electronic Components, Semiconductor Equipment & Testing
www.memsic.com
Big Data, Manufacturing
Add-on
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Memsic, Inc. | - | ||||||||
| Public to Private, Secondary Buyout | Completed | Memsic, Inc. | - |
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