Silver Lake Partners
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Silver Lake Partners | |
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Type | Private Ownership, Limited liability company |
Founded | 1999 |
Headquarters | Menlo Park, California |
Industry | Private Equity |
Products | Investments, private equity funds |
Total assets | $16 billion |
Employees | 60+ |
Website | www.silverlake.com |
Silver Lake Partners is a notable American private equity firm founded in 1999 and headquartered on Sand Hill Road in Menlo Park, California. It focuses its activities in the information technology industry. Notable investments it has made include the purchases of Avaya, Sabre Holdings, UGS Corp., Seagate Technology and Instinet.
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[edit] Recent activities
Its portfolio includes or has included technology industry leaders such as Ameritrade, Avago, Business Objects, Flextronics, Gartner, Instinet, IPC Systems, MCI, NASDAQ, Network General, NXP, Sabre Holdings, Seagate Technology, Serena Software, SunGard Data Systems, Thomson and UGS.
Philips announced 2006-08-03 that it was to sell a controlling 80.1% share of its semiconductor business for 6.4 billion EUR to KKR, Silver Lake Partners and AlpInvest Partners. The new company is called NXP Semiconductors.
On December 20th, Cisco Systems Inc.'s Develoment Chief, Charles Giancarlo, announced his departure from Cisco and his new position as partner and managing director at Silver Lake.
[edit] References
[edit] Transactions
- 10/26/07: Silver Lake and TPG acquire Avaya for $8 billion
- 10/8/07: Silver Lake Sumeru acquires Mobile Messenger
- 3/30/07: Silver Lake and TPG acquire Sabre Holdings for $5 billion
- 9/29/06: Silver Lake acquires IPC
- 9/29/06: Silver Lake, KKR, Bain Capital, Apax Partners, and AlpInvest acquire 80.1% of NXP Semiconductor for €8 billion
- 3/10/06: Silver Lake acquires Serena Software for $1.2 billion
- 12/1/05: Silver Lake and KKR acquire Agilent Semiconductor Group (Avago Technologies) for $2.7 billion
- 8/11/05: Silver Lake, Bain Capital, Goldman Sachs, Providence Equity Partners, KKR, TPG, and Blackstone acquire SunGard Data Systems for $11.4 billion
- 12/8/05: Silver Lake acuires Instinet Institutional Broker for $200 million