Mergers & Acquisitions ·
Diodes Incorporated entered into a Merger Agreement on July 10, 2026, to acquire Elevate Semiconductor, Inc. through a…
DIODDiodes Inc
Diodes Incorporated entered into a Merger Agreement on July 10, 2026, to acquire Elevate Semiconductor, Inc. through a wholly owned subsidiary. The transaction involves a $250.0 million base purchase price, subject to adjustments, plus potential earnout payments of up to $50.0 million based on revenue and gross margin targets for 2027-2030. Diodes Incorporated is a semiconductor manufacturer that provides discrete and logic components for various applications.