USA: The Global Semiconductor Alliance (GSA) released the April Statistics from its Global Semiconductor Funding, IPO and M&A Update, including:
* In April 2011, four semiconductor companies (i.e., fabless companies and semiconductor suppliers) raised $34.6 million, a dollar amount decrease of 82 percent from March 2011 and 58.6 percent from April 2010. The number of deals closed decreased by three month-over-month (MoM) and nine year-over-year (YoY).
* As of April 2011, with the exception of the US, Israel claims the largest funding value with $91 million.
* On April 14, 2011, France-based Sequans Communications priced its IPO in the US below its expected range at $10, raising $77 million and becoming the fourth semiconductor company to price this year.
* Driven by the future adoption of radio frequency identification (RFID) technology by retailers, on April 21, 2011, Washington-based RFID chipmaker Impinj filed a $100.0 million IPO.
* In April 2011, eight semiconductor mergers and acquisitions (M&As) were announced (i.e., M&As of entire fabless, IDM and semiconductor supplier companies, not sectors/product lines or foundry facilities), decreasing by one deal MoM and three deals YoY.