Moortec Semiconductor Limited (‘Moortec’), a world leader in the design of embedded sensor and monitoring technologies used within advanced node silicon chip devices, has been acquired by Synopsys Inc. (‘Synopsys’).
Acuity Advisors’ Andy Lister, Brian Snelling, Matthew Byatt and Hazel Hartley advised Moortec on the transaction.
Established in 2005, with offices in Plymouth, Bristol and Poland, Moortec now licenses its IP solutions to many leading technology companies, allowing power, performance and device assessment to be enhanced. Moortec’s in-chip sensing subsystems can be found in a wide range of commercial applications such as datacenter, automotive and 5G communications where the highest performance at the most cutting-edge silicon technologies is required.
In 2016, Moortec received investment from Altitude Partners, a regional private equity fund who has helped the company scale rapidly.
The acquisition by Synopsys, will allow the business to grow further as it becomes part of their recently announced Silicon Lifecycle Management Platform (‘SLM’), a data-analytics-driven platform that enables critical improvement in performance, reliability, functional safety and security.
Stephen Crosher, CEO of Moortec, commented:
“From the outset, the Acuity Advisors team were able to quickly appreciate the strategic significance of our technology offering and Moortec’s unique positioning within the industry. Acuity Advisors provided sector-aware guidance to our senior team, methodically working with us and Synopsys to reach this successful outcome which will benefit not only our employees and shareholders but also our combined global customer base. We are extremely pleased to have selected Acuity Advisors and we thank them for the invaluable professional support they have provided.”
Simon White, Partner at Altitude, commented:
“We chose Acuity Advisors because of the depth of their sector knowledge and track record. They have been excellent to work with on this complex cross border transaction providing measured and consistent advice throughout. This is an excellent result for Altitude and we also thank them for their unwavering support throughout.”
Andy Lister, Partner at Acuity Advisors, commented:
“Huge congratulations to Moortec and Altitude on this landmark transaction. Moortec’s in-chip monitoring technology plays a key role in unlocking the semiconductor industry’s data revolution, providing game-changing improvements across the chip lifecycle. It’s been a pleasure working with another leading-edge UK technology company and we wish the team every success under Synopsys’ ownership.”
Matthew Byatt, Managing Partner at Acuity Advisors, commented:
“We are delighted to have worked with Moortec, Altitude and Synopsys on this transaction, Acuity Advisors’ sixth semiconductor deal this year, further demonstrating our market-leading position in the sector.”
About Acuity Advisors
We know technology and are experts in selling businesses, securing equity investments and raising debt finance. Our partners are senior players: skilled at getting to the heart of a technology business, understanding what will attract buyers and investors, and building long-lasting relationships. We have an unrivalled understanding of the industry’s complexities and personalities – our track record and client feedback are compelling evidence of that. We’re an international firm – most of our deals are cross-border, from offices in London, Munich, Shanghai and Silicon Valley – but we’re grounded in our approach. We move quickly when it’s needed, and we’re around for the long haul when patience is a virtue. We’ve maintained a very high success rate across hundreds of deals while keeping our focus on doing what’s right for our clients. From first meeting to successful exit, we earn the trust that clients and investors put in us. Learn more here.
© 2020 Acuity Advisors Limited
From the outset, the Acuity Advisors team were able to quickly appreciate the strategic significance of our technology offering and Moortec’s unique positioning within the industry. Acuity Advisors provided sector-aware guidance to our senior team, methodically working with us and Synopsys to reach this successful outcome which will benefit not only our employees and shareholders but also our combined global customer base. We are extremely pleased to have selected Acuity Advisors and we thank them for the invaluable professional support they have provided.Stephen Crosher, CEO Moortec
A conversation is never wasted. We’re confident that we can give you all the help you need, but we’ll tell you if we think there’s a better option for you.Get in Touch