mynth
05/2026100%

AMI acquired by Lattice Semiconductor

UNITED STATES Software / Industry-Specific Software / Electronics / Manufacturing EV $1–10bn

Context

Lattice Semiconductor has agreed to acquire AMI in a strategic transaction designed to create a comprehensive secure management and control platform for the technology industry. The acquisition is a key step in advancing Lattice's strategy to expand its market position in high-growth server, AI, and cloud applications. By combining Lattice's leadership in low-power programmable hardware (FPGAs) with AMI's deep expertise in platform firmware and infrastructure manageability software, the merged entity aims to offer integrated, system-level solutions. This combination is intended to address significant challenges faced by data centers, such as increasing hardware modularity, system complexity, and the critical need for constant uptime and streamlined deployment. The deal is expected to accelerate customer time-to-market by providing more complete and integrated solutions for secure management, flexible control, and predictive maintenance. For Lattice, this move deepens its role from a component supplier to a system-level solution provider, significantly expanding its serviceable addressable market and enhancing its ability to deliver value to customers building the next generation of complex computing systems. The companies have emphasized their shared commitment to maintaining an open, silicon-agnostic approach to support a broad partner ecosystem.

AMI, which reported an EBITDA margin of [members only] in 2026, is valued in this transaction at an EV/EBITDA multiple of [members only].

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

AMI is a global leader in foundational technology solutions, specializing in platform firmware and infrastructure manageability for the computing industry, with a significant focus on cloud and AI applications. The company is renowned for its BIOS (Basic Input/Output System) and UEFI (Unified Extensible Firmware Interface) firmware, which are critical for booting and initializing hardware in servers, desktops, and embedded systems. Beyond its core firmware offerings, AMI provides a comprehensive suite of manageability solutions, including Baseboard Management Controller (BMC) firmware, such as MegaRAC. These solutions enable secure, remote monitoring, management, and control of server hardware and data center infrastructure, which is essential for ensuring uptime, security, and operational efficiency. AMI's products are designed to be silicon-agnostic, supporting a wide range of hardware from multiple vendors across the compute, communications, industrial, and embedded markets. The company's expertise in low-level system software allows it to provide robust, secure, and customizable solutions that help original equipment manufacturers (OEMs) and data center operators accelerate their time to market and manage complex computing environments effectively.

Ent. Value

$1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

Above 6x

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2026
$150–250M
[members only]
[members only]
2025
$150–250M
[members only]
[members only]

Similar deals in Software

Similar deals in Software
DateAcquirerTargetCountrySector
06/2026SCHNEIDER ELECTRICCOGNITENETHERLANDSData, Analytics & AI
06/2026CVCCHESS.COMUNITED STATESGaming & Consumer Apps
05/2026MUBADALAPOWER FACTORSUNITED STATESIndustry-Specific Software
05/2026BREGAL SAGEMOUNT / ARDIANENNOVFRANCEHealthcare
05/2026FITCH SOLUTIONSTREPPUNITED STATESData, Analytics & AI
05/2026POPPULOSOCIABBLEFRANCECollaboration & Productivity
05/2026LEGALPLACELEGALSTARTFRANCEIndustry-Specific Software
05/2026DOCTOLIBMEDICUSUNITED KINGDOMHealthcare
05/2026OAKLEY CAPITAL INVESTMENTSXTELBELGIUMCRM & Sales
05/2026PUBLICIS GROUPELIVERAMPUNITED STATESData, Analytics & AI

REFERENCES

Valuation range: EV $1–10bn

Revenue range: $150–250M

EV/Revenue range: Above 6x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AMI by Lattice Semiconductor are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: ami

FAQ

What transaction does this page cover?

This page covers Lattice Semiconductor’s acquisition of 100% of AMI, an American company specialised in Industry-Specific Software, in 2026.

How was the acquisition of AMI by Lattice Semiconductor valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the $1–10bn band and its EV/revenue multiple within the Above 6x range. Exact figures are available to members.

What was AMI’s revenue at the time of the deal?

At the time of the transaction, AMI’s annual revenue was estimated within the $150–250M range (FY 2026). Detailed financial figures are available to members.

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.