BCF acted on behalf of TeraXion in the transaction.
TeraXion, a Quebec-based company founded in 2000 and internationally renowned for its low-noise lasers, Bragg gratings and integrated photonic elements, has been acquired for $200 million by California-based Indie Semiconductor, Inc.(Nasdaq: INDI).
Both organizations already had a strong business relationship, especially when TeraXion collaborated on optical sensor design at Indie Semiconductor Inc. and was involved in the design of next generation frequency modulated continuous wave (FMCW) systems for light detection and ranging (LiDAR) for the automotive industry to achieve maximum safety levels for autonomous and self-driving cars.
Indie Semiconductor Inc. is pleased to welcome TeraXion’s world-class design team and to incorporate their intellectual property (over 30 worldwide patents) and their differentiated product portfolio. Through this acquisition, they hope to provide unparalleled solutions for autonomous driving along with related highly reliable applications.
indie is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms.
TeraXion is a leader in the design and manufacturing of innovative, high-end components incorporating low noise lasers, Bragg gratings and integrated photonics.
The BCF team comprised of Didier Culat, Charles-Antoine Dorion (Picture), Catherine Hébert, Chantal Simard and Martine Fortin.
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