Golden Gate acquires TDK unit

Golden Gate Capital, the San Francisco, CA-based private equity investment firm has acquired TDK Semiconductor Corporation for an undisclosed sum.


The company, which designs and manufactures analog and mixed-signal integrated circuit products for consumer, communications, and industrial applications, will continue to be led by the current management team and its headquarters and operations will remain in Irvine, CA.


It will remain as TDK Semiconductor Corporation until a new name for it is established.


“The sale of TDK Semiconductor Corporation will allow us to focus more on the core businesses of TDK and better ensure that the long term objectives of the company are achieved,” said Francis J. Sweeney, Jr., President of TDK USA.