Mergers and Acquisitions

AptoVision Technologies Inc. in connection with its sale to Semtech Corp.

AptoVision Technologies Inc.
Key Contact
Eric M. Levy

Partner, Corporate, Toronto

Team
Manon Thivierge

Partner, Tax, Montréal

Jeremy Brisset

Partner, Corporate, Montréal

On July 1, 2017, Semtech Corp. (“Semtech”) acquired the outstanding equity interests of AptoVision Technologies Inc. (“AptoVision”) for a cash purchase price of US$28 million and additional contingent consideration of up to US$47 million subject to achieving certain future financial goals.

AptoVision is a privately-held provider of uncompressed, zero-frame latency, Video over IP solutions addressing the Pro AV market.

Semtech is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, headquartered in California, USA.

Osler, Hoskin & Harcourt LLP represented AptoVision with a team composed of Eric Levy, Antonella Penta, Jeremy Brisset, Caitlin Wetherly (Corporate) and Manon Thivierge (Tax).

Value
US$75 million
Date Closed
July 1, 2017
Lead Office
Montréal
Key Contact
Eric M. Levy

Partner, Corporate, Toronto

Team
Manon Thivierge

Partner, Tax, Montréal

Jeremy Brisset

Partner, Corporate, Montréal