THE SECTOR HAS WITNESSED A NUMBER OF KEY M&A DEALS
Of the M&A deals in the sector since 2010, Key Mergers and Acquisitions (M&A) acquisition of Harman International by Korean electronic giant Samsung Electronics was one of the highest in terms of value in FY17 Deal value Acquirer Target Deal date (USD million) In 2015, Intel Corporation acquired Altera Samsung Harman 14th November, Corporation in an all-cash transaction for USD54 8000 Electronics International 2016 per share. The deal is valued at approximately Mitsubishi Electric 23rd January, USD16.7 billion Messung Group NA Corp 2012 Crompton Greaves In 2016, Centum Electronics Ltd acquired 51 per ZIV Group 27th July, 2012 192 Ltd cent controlling stake in France based Adetel Group SA Toshiba Mitsubishi- AEG Power 28th April, 2014 12.40 Electric Solutions India In 2016, Samsung Electronics has merged with MSR Telecom Pvt Bloom Mobiles 19th May, 2014 NA Harmon international for an amount of US$ 8000 Ltd Pvt Ltd UrbanClap Handy Home 25th January, Technologies India Solutions Pvt. NA 2016 Source: Thomson One Banker; Grant Thornton; Pvt. Ltd. Ltd. CMIE Business Beacon; TechSci Research Note: NA is Not Available, Centum Electronics Adetel Group 17th June, 2016 NA M&A – Mergers and Acquisitions Ltd. SA.
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