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Soitec Acquires EpiGaN, Expands Engineered Substrate Portfolio


Monday, 13 May 2019 

May 13 (Reuters) - SOITEC SA ::REG-SOITEC: SOITEC EXPANDS ITS ENGINEERED SUBSTRATE PORTFOLIO INTO GAN (GALLIUM NITRIDE) WITH THE ACQUISITION OF EPIGAN NV.REG-SOITEC: SOITEC EXPANDS ITS ENGINEERED SUBSTRATE PORTFOLIO INTO GAN (GALLIUM NITRIDE) WITH THE ACQUISITION OF EPIGAN NV.ACQUISITION FOR EUR 30M IN CASH, PLUS AN ADDITIONAL EARN-OUT PAYMENT BASED ON COMPLETION OF CERTAIN MILESTONES.EPIGAN WILL BE INTEGRATED AS ONE OF SOITEC'S BUSINESS UNITS. 

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