OBJECTIVES
This report is a tool dedicated to help decision makers evaluate MEMS companies’ corporate value and growth strategies.
Supported by Yole’s powerful MEMS industry analysis, this report presents key metrics that are used to evaluate corporate financial performance and valuation.
It contains the “must have” data you need to make your corporate strategy decision with a value creation perspective.
This Report includes:
o the analysis of MEMS industry corporate performance with market, technology and financial perspectives;
o 2 complete databases of MEMS companies’ financial transactions (fundraising and M&A);
o a benchmark of MEMS companies multiple value and financial performance ratios by business model.
Designed as a tool to support both MEMS companies and investors in their decision making process with the relevant key indicators, this report will help determine:
o Where to invest in the MEMS area
o What is the best business model to adopt
o How to benchmark a MEMS company
o How to optimize MEMS company value
MAIN CHALLENGES
The current economic crisis is obviously impacting the MEMS industry. But, despite the current challenges in the market, several market segments are well-positioned for high growth in the coming years as the MEMS industry enters the mainstream semiconductor market. Companies founded in early 2000 have entered the top 30 MEMS manufacturers along side the larger semiconductor players. If the first focus was the miniaturization of printers and selected sensors, the MEMS industry provides now a broad range of new products and applications in the defense, automotive, industrial, communication and consumer markets.
The MEMS industry contains several high-growth opportunities for financial and strategic investors. Our analysis shows that in the past 3 years, more than 35 strategic investments have been done through acquisitions. In the same period, VC’s have invested more than $800M in the industry
The economic cycle will impact the financial transaction market. Opportunities will arise rapidly for MEMS companies as investors seek to solidify positions necessary for future growth. Execution of corporate strategy will require additional capital.
So, now is the time for most of the MEMS companies to adapt their growth strategy in leveraging their value with the help of Yole Développement’s report
This report provides MEMS companies with key data to conduct their own benchmarking and first assessment of their company’s value. Companies and investors will also have a clear picture of what happened in the MEMS area with a detailed database of more than 400 financial transactions since 1998.
Value-Added of this Report
For MEMS Industry CEOs, CFOs and investors it provides the following:
- Complete databases of more than 400 financial transactions
- A benchmarking of key financial ratio per components/applications field
- An analysis of the market dynamics
- An analysis of how to create value for a MEMS company.
Author
Géraldine Andrieux Gustin is partner at Yole Finance.
Since 2003, she has supported many companies in their growth strategy and has been involved in several successful financial transactions in the MEMS and microfluidics industry. She earned an MBA from EM Lyon Business School.
Yole Finance is the corporate finance unit of the Yole Group addressing the needs of customers at various stages of their growth: early stage, expansion and maturity.
Yole Finance focuses on fundraising and M&A activities with additional capabilities in IP value creation, growth strategy development and implementation. It includes supporting clients in the establishment of strategic partnerships all along their development.
Yole Finance works with seed and early stage companies with next generation solutions for the semiconductor sector especially equipment and materials, MEMS, microfluidics, photovoltaics, compound semiconductors, power electronics and advanced packaging.
The Yole Finance team brings together a unique combination of experience and skills in advising clients on global cross-border transactions in the technology industry for the past twenty years.
LIST OF COMPANIES IN THE REPORT
Abbott, Active Optical MEMS, Adva Optical Networking, Advanced Fluid Logics, Affymetrix, Agilent Technologies Inc, Agility Communications, Inc, Agiltron, Aktiv Sensor Gmbh, Akustica, Alcatel Optronics , AMIC, Analog Devices, Apogee Technology, Applied MEMS, Asia Pacific Microsystems, Neostones, Avalon Photonics, Avanex, AXSUN technologies, BAE Systems Systems, Bain Capital, Bayer Technology Services GmbH, BCO Technologies, BEI Technologies Inc., BetaTHERM Sensors, Biacore AB, Bio-Rad, Biosite, Boehringer Ingelheim, Breed Technologies Inc, C2V, Caliper Life Sciences, Cantion, Capto AS , CardioMEMS, Cellix, Ciphergen , Colibrys, Continental AG, CoreTek; Corning Inc., Cronos Integrated Microsystems Inc., Cypress Semiconductor Corp, Danaher Corporation, Delta Dot, Dimatix, Discera, Dover Corp., e2v, Ehrfeld Microtechnik AG, Elekon, EnOcean, Entran Devices Inc, EPCOS, Fabrinet, Filtronic, First Technology plc., Fluidigm, Ford Microelectronics, Fuji Photo Film, GalayOr, GE Analytical Instruments, Gefran Silicon Micro Systems, GeneSystem, Goodrich, Gyration Inc, Handylab, HemoCue, HL Planartechnik, Honeywell, HTS Biosystems Inc., Huaxin Walsin Lihwa, Humirel, IC sensor, Icx photonics, Ilochip, Infineon, Innovative Biosensors Inc, Innovative Biosensors Inc, Intellisense, Intersema Sensoric SA, InvenSense, Invensys Sensor Systems, Inverness Medical Innovations, Inc., Ion Optics, Iridigm Display Corporation, I-Stat, JDS Uniphase Corporation, JENOPTIK , Johnson&Johnson , Kavlico, Kionix, Knowles Electronics, Kymata, Labnow, Leica Microsystems AG, Lightconnect, Lightwave Electronics Corporation, Lilliputian Systems, LV Sensors, Measurement specialties, MedTech Development, Meggit PLC, MEMS Optical, MEMSCAP, Memsic, MEMX, Microchips, Microfabrica, Micronics, Microstaq; MICS, Millicore, Miradia, Molecular Imaging Corp., Motorola Automotive, Movaz Networks, Movea, Multispectral imaging, MWS Sensorik, GmbH, Nanochip, Nanolytics, NanoNexus, NanoNord A/S, Neophotonics, Neosens, New Focus, Inc., Nortel Networks, NovaScreen BioSciences Corporation, Novasensor, NXP, Oligon Ltd., OMRON, Opsitech, SA, Nortel Networks, Optogone, OSI Systems , Pall, Panasonic, ParAllele BioScience, Inc., Perpetuum, Photonic Power Systems Inc., Picolight, PINC Solutions, Pixtronix, Proteus Biomedical, pSivida, Q Chip Life Sciences, Qualcomm, Inc., Qualtre, Quest Diagnostics, QuickSil, Reflectivity, RFMD, Sanyo, Scandinavian Micro Biodevices , Schneider Electric; Sensata Technologies, Sensicore, Sensimed, SensoNor, SensorDynamics, Sensorex, Sensors Unlimited, Inc, Siimpel, Silex Microsystems, Silicon Clocks, Silicon Light Machines, Silicon Microstructures, Inc., Simpler Networks, SiTime, Sonion A/S, Sphere Medical, Standard MEMS, Inc., Steag microParts, TDK, Technitrol, Temic GmbH, Terraillon Holdings Limited, Texas Instruments, Inc., Tronic's Microsystems, Ulis, UltraCell, Unimicron, Utellus B.V., Vaisala Oy & United Technologies, Visyx, Volcano, VTI Hamlin Oy, WiSpry, Wolfson Microelectronics plc, XCOM Wireless, Xenogen Corp., Xsens Technologies B.V., Xtellus, Yasu Semiconductor, YSI Temperature, Zymark Corporation