GT Advanced Technologies

GT Advanced Technologies

A diversified, global technology company focused on crystal materials for high-growth markets.

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$415m

Valuation: $415m

Acquisition
Total Funding000k
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GT Advanced Technologies (GTAT), now part of onsemi, specializes in producing advanced silicon carbide (SiC) and sapphire crystal materials. These materials are crucial for a variety of high-tech applications, including electric vehicles (EVs), telecommunications, industrial machinery, defense aerospace, and optical systems. The company operates in the semiconductor market, which is essential for modern electronics and power systems.

GTAT serves a diverse range of clients, from automotive manufacturers looking to enhance the efficiency and performance of EVs to telecommunications companies needing robust materials for 5G infrastructure. The company also caters to industrial clients requiring durable and efficient components for machinery, as well as defense and aerospace sectors that demand high-performance materials for critical applications.

The business model of GTAT revolves around the production and sale of silicon carbide and sapphire materials. These materials are sold to manufacturers who integrate them into their products, such as EV powertrains, telecom equipment, and industrial machinery. GTAT generates revenue by supplying these high-value materials, which are essential for improving the efficiency and performance of next-generation technologies.

GTAT's integration into onsemi, a leader in intelligent power and sensing technologies, enhances its market position. Onsemi's extensive product portfolio includes discrete power modules, MOSFETs (a type of transistor used for switching and amplifying electronic signals), power management systems, and various sensors. This integration allows GTAT to leverage onsemi's established market presence and technological expertise, further driving innovation and growth.

In summary, GT Advanced Technologies is a key player in the semiconductor industry, providing essential materials for a wide range of high-tech applications. Its integration with onsemi positions it well for continued growth and innovation in the rapidly evolving technology landscape.

Keywords: Silicon Carbide, Sapphire, Semiconductors, Electric Vehicles, Telecommunications, Industrial, Defense, Aerospace, Optical, onsemi.

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Investments by GT Advanced Technologies

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Crystal Systems
ACQUISITION by GT Advanced Technologies Jul 2010