secwatch.observer — SEC 8-K summary
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Issuer:     VISHAY INTERTECHNOLOGY INC (VSH)
CIK:        0000103730
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0000103730-24-000061
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vishay completes $177M acquisition of Nexperia's Newport wafer fab to accelerate SiC production
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- Acquired Nexperia's Newport (UK) wafer fab for approx $177M cash, net of cash acquired.
- Facility is 200mm automotive-certified 200mm fab with capacity >30,000 wafers/month; UK's largest semiconductor fab.
- Vishay plans to qualify and scale SiC MOSFETs and diodes, accelerating SiC production and technology development.
- Acquired 100% of Neptune 6 Limited (to be renamed Vishay UK Holdings) and subsidiary Nexperia Newport Limited (to be renamed Vishay Newport Limited).
- Deal funded with cash on hand; further plans to be detailed at Investor Day on April 2, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/103730/000010373024000061/0000103730-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/103730/000010373024000061/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000103730-24-000061

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