Sondrel secures a major investment
Sondrel has secured funding from Rox Equity Partners Ltd. through a subscription for new shares. The funds will enable the company to grow and expand its presence as one of the world’s leading providers of custom chip design and supply. In particular, it will help them rapidly develop their presence in the US.
Founded in 2002, Sondrel is a UK-based provider of ultra-complex chips for leading global technology brands. The company offers a complete turnkey ASIC service, from architecture to silicon supply, and can design and supply the highest-spec chips built with the most advanced semiconductor technologies. The firm has design centers in the UK, Morocco and India, and sales representatives in Israel and the US.
Oaklins Cavendish, based in the UK, advised Sondrel on its US$10.9 million capital raising.
Talk to the deal team
Related deals
POLYTEC EMC Engineering GmbH has been acquired by Cannon S.p.A.
PUR Holding GmbH has sold its majority stake in POLYTEC EMC Engineering GmbH to Cannon S.p.A., the manufacturer of advanced industrial equipment for plastic processing.
Learn moreEnergy Solutions UK Ltd. has acquired Oceanic Systems (UK) Ltd.
Energy Solutions UK Ltd., a marine electrical systems supplier, has completed the acquisition of marine monitoring and control systems manufacturer, Oceanic Systems (UK) Ltd. The acquisition is designed to expand Energy Solutions’ marine technology offerings, particularly supporting their growth in marine hybrid propulsion systems.
Learn moreVerder Group has acquired Sauermann
The Verder Group has acquired Sauermann from private shareholders, including CEO Serge Bohyn and the French private equity groups IXO Private Equity and Credit Mutuel Equity.
Learn more