Player Assessment
Yole Developpement has released a new study dedicated to MEMS companies' corporate value and growth strategies. The Report includes an analysis of MEMS industry corporate performance with market, technology and financial perspectives; 2complete databases of MEMS companies' financial transactions (fundraising andM&A); and, a benchmark of MEMS companies multiple value and financial performance ratios by business model.
MEMS remains an attractive industryf or financial and strategic investors. several market segments are well positioned forhigh growth in the coming years as the MEMS industry continues to expand.Companies founded in early 2000 have now entered the top 30 MEMS manufacturers alongside the large established players. From the latest cell phones and gamingdevices to vehicle safety and environmental sensing, the MEMS industry now provides mission critical functionality for a vast array of products and applicationsin defense, automotive, medical, industrial, communication and consumermarkets.
"Our analysis shows that in thepast 3 years, more than 35 strategic investments have been made through acquisitions and VC's have invested more than $800M in the industry" explainedGéraldine Andrieux Gustin, Partner at Yole Finance. VCs are still actively investingin next generation solutions, especially in the cleantech sector. As the economic cycle moves towardsrecovery, M&A activity will accelerate too.
The economic cycle will impactthe financial transaction market. Opportunities will arise rapidly for MEMScompanies as investors seek to solidify positions necessary for future growth. Execution of corporate strategy will require additional capital. "More than ever, companies will need to consider their value creation process while considering acquisition, selling out or consolidation strategies. They will need to leverage their corporate value with the best dedicated business model", said Géraldine Andrieux Gustin.
