Dover Corporation acquired Sound Solutions (NXP) for $779.3 million, a transaction completed in July 2011, structured as all cash.
Sound Solutions (NXP) operates in Communication Technologies. The Sound Solutions business of NXP Semiconductors N.V. was acquired (announced December 22, 2010; closed July 2011) for net purchase consideration of approximately $779.3 million. By enhancing product offerings for the high-growth handset market, the acquisition expanded Dover's Communication Technologies (Knowles) microphone business.
Sound Solutions enhanced Dover's micro-acoustic / handset microphone offering within Knowles.
Communication Technologies
Advisory firms were not disclosed for this transaction.