Complementing Energy Solutions Through the Acquisition of Heyday Integrated Circuits
First written in FY2023-Q2. 2 of 4 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024-Q3.
1 other company's latest entry also says "Advanced".
- FY2024-Q3AdvancedAnnual report
「Although Heyday Integrated Circuits had been a consolidated subsidiary, it was eliminated from the scope of consolidation because it ceased to exist following an absorption-type merger in which the company's consolidated subsidiary Allegro Microsystems France, SAS was the surviving company.」
Post-acquisition integration of Heyday progressed, and Heyday was removed from the scope of consolidation following an absorption-type merger in which Allegro Microsystems France was the surviving company. - FY2024-Q1AdvancedAnnual report
「The business combination between the company's consolidated subsidiary Allegro MicroSystems, Inc. and Heyday Integrated Circuits, completed on 1 September 2022, had been accounted for provisionally in the previous consolidated fiscal year, but the accounting was finalized in the current first quarter consolidated accounting period. As a result, the provisionally calculated goodwill of ¥1.027 billion increased by ¥137 million upon finalization of the accounting to ¥1.165 billion.」
The provisional accounting for the Heyday acquisition was finalized in the current quarter, and goodwill increased by ¥137 million from ¥1.027 billion to ¥1.165 billion. - FY2023AchievedAnnual report
「The company resolved for its consolidated subsidiary Allegro MicroSystems, Inc. to acquire all shares of Heyday Integrated Circuits and completed the share acquisition on 1 September 2022.」
The acquisition of all shares of Heyday Integrated Circuits was completed on 1 September 2022, and the initiative to complement energy solutions for xEVs, solar inverters, data centers and 5G power supplies was implemented. - FY2023-Q2First statedAnnual report
「The purpose was to complement existing energy solutions and enhance market competitiveness in industrial applications including xEVs, solar inverters, data centers and 5G power supplies.」
Allegro MicroSystems, Inc. acquired all shares of Heyday Integrated Circuits on 1 September 2022. The acquired voting rights ratio was 100%, the purchase consideration was US$20.754 million, and goodwill of ¥1.191 billion arose. The stated purpose was to expand insulated gate driver products into applications including xEVs, solar inverters, data centers and 5G power supplies.