Think Silicon® Acquired by Applied Materials® – Metavallon VC
Hellenic Emerging Technologies Industry Association – HETiA, is very proud for its member Think Silicon®, which has been acquired by Applied Materials®. Think Silicon’s acquisition is another success of the impressive track record of HETIA’s members’ transactions which include the acquisition of Helic by Ansys, Antcor by U-blox, Bytemobile by Citrix, Sitel Semiconductor by Dialog Semiconductor and Elxys Innovations by Ceragon Networks.
Applied Materials’ acquisition comes as a vote of confidence for the rising Greek start up and Venture Capital ecosystem. Think Silicon is a remarkable example of talented and visionary founders who have built great teams to develop leading technology for the global semiconductor industry. In choosing Greece to expand a global R&D network out of, the company also affirms the world class Greek talent and R&D capabilities; while Metavallon’s investment is further proof that Greek VC funds along with individual investors are on the right track in supporting founders and facilitating for successful exits that involve global technology leaders.