Exclusive financial advisor to BISTel
KPMG Corporate Finance LLC acted as exclusive financial advisor to BISTel
KPMG Corporate Finance LLC is pleased to announce the sale of the semiconductor and flat panel display solutions business from BISTel, Inc. (the "Company") to Synopsys, Inc. The key factors that supported the team’s success included broad industry knowledge of the semiconductor/flat-panel display landscape, our strong global footprint, and the ability to manage a complex divestiture process. The transaction was highly complex, requiring a formal spin‑out process of Korean assets which were excluded from the deal, many transition services agreements and cross‑licenses, and approval from the Korean government.
BISTel’s semiconductor and flat-panel display solutions provide process control solutions for semiconductor fabs, with integrated and comprehensive yield management and prediction solutions to enhance manufacturing quality and efficiency. The Company’s customer base is made up of global semiconductor and flat panel leaders. Founded in 2000, the Company is headquartered in South Korea, with additional locations in the U.S. China, and Japan.
Synopsys is a publicly-traded worldwide leader in electronic design automation and semiconductor IP, at the forefront of Smart Everything with the world’s most advanced technologies for chip design, verification, IP integration, and software security. Synopsys has aggressively executed on its M&A strategy, completing five acquisitions in the last 12 months.
KPMG Corporate Finance LLC
The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked as the top (#1) M&A middle‑market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.
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