Monolithic Power Systems Inc. acquires Sensima Technology SA

Lenz & Staehelin assisted Nasdaq listed Monolithic Power Systems Inc., a leading fabless manufacturer of high-performance analog and mixed-signal semiconductors company headquartered in San Jose, California, acquiring the entire share capital of Sensima Technology SA, a privately held Swiss-based semiconductor company specialized in the design and distribution of fully integrated CMOS magnetic sensors.

Under the terms of the agreement, Monolithic Power Systems has acquired all of the outstanding stock of Sensima Technology for an initial cash payment of USD 11.7 million and a subsequent cash earn-out payment of up to USD 8.9 million which will be based upon Sensima's achieving certain performance goals.

The Lenz & Staehelin team consisted of Andreas Rötheli (Partner, Corporate and M&A) and Felix Gey Jauffret and Mona Boughaba (both Corporate and M&A).