STMICROELECTRONICS: ST to acquire 55% of Sic Wafer manufacturer Norstel for USD76m | BUY | EUR19(
STMICROELECTRONICS - BUY | EUR19(+31%)ST to acquire 55% of Sic Wafer manufacturer Norstel for USD76m
ST gets majority stake in Norstel with an option for the remaining
Silicon Carbide market to grow CAGR 29% between 2017 and 2023
ST is the leader in SiC for automotive
This acquisition will help ST to overcome supply constrains
STMicroelectronics is a global independent semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (“ICs”) and discrete devices. Co. offers a diversified product portfolio and develops products for a wide range of market applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Within its diversified portfolio, Co. is focused on developing products that leverage its technological strengths in creating customized, system-level solutions with digital and mixed-signal content.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.