AptoVision Technologies Inc.

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

Client

AptoVision Technologies Inc.

Value

US$75 million

Service

Mergers and Acquisitions

Date Closed

July 2017

Lead Office

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).