About GT Advanced Technologies
GT Advanced Technologies is a company based in Merrimack (United States) founded in 1994 was acquired by ON Semiconductor in August 2021.. GT Advanced Technologies has completed 3 acquisitions, including Confluence Solar, Crystal Systems and Thermal Technology. GT Advanced Technologies operates in a competitive market with competitors including Ambient Photonics, First Solar, Q-Cells, Oxford Photovoltaics and Swift Solar, among others.
- Headquarter Merrimack, United States
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$50.18 M (USD), Post-IPO
May 29, 2013
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Investors
ON Semiconductor
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Confluence Solar
& 2 more
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Acquired by
ON Semiconductor
(Aug 25, 2021)
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Funding Insights of GT Advanced Technologies
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $50.2M
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First Round
First Round
(20 Aug 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Post-IPO - GT Advanced Technologies | Valuation |
investors |
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| Aug, 2010 | Amount | Post-IPO - GT Advanced Technologies | Valuation |
investors |
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| Aug, 2009 | Amount | Grant - GT Advanced Technologies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GT Advanced Technologies
GT Advanced Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include ON Semiconductor and OSTI.GOV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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Analog, digital, and mixed-signal ICs are supplied for multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GT Advanced Technologies
GT Advanced Technologies has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Confluence Solar, Crystal Systems and Thermal Technology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Single crystal silicon substrates are supplied for solar applications.
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2006 | ||||
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Manufacturer of multi-generation equipment
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1984 | ||||
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Crystal growth systems are designed and manufactured for advanced materials.
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1971 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - GT Advanced Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gt Advanced Technologies Comparisons
Competitors of GT Advanced Technologies
GT Advanced Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ambient Photonics, First Solar, Q-Cells, Oxford Photovoltaics and Swift Solar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solar cells are supplied for powering connected IoT devices.
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| domain | founded_year | HQ Location |
Provider of cadmium telluride-based flexible solar modules
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| domain | founded_year | HQ Location |
Manufactures and sells solar modules for eco-friendly power generation globally.
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| domain | founded_year | HQ Location |
Perovskite-based solar cells are provided for BIPV applications.
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| domain | founded_year | HQ Location |
Flexible perovskite solar cells are provided using hybrid halide materials.
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| domain | founded_year | HQ Location |
Organic solar films and photovoltaic panels are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gt Advanced Technologies
Frequently Asked Questions about GT Advanced Technologies
When was GT Advanced Technologies founded?
GT Advanced Technologies was founded in 1994 and raised its 1st funding round 15 years after it was founded.
Where is GT Advanced Technologies located?
GT Advanced Technologies is headquartered in Merrimack, United States. It is registered at Merrimack, New Hampshire, United States.
Who is the current CEO of GT Advanced Technologies?
Greg Knight is the current CEO of GT Advanced Technologies.
What does GT Advanced Technologies do?
GT Advanced Technologies provides polysilicon production technology, and sapphire silicon crystalline growth systems and materials for the solar, LED and other industrial markets. The companys manufacturing equipment and services support the growth of the Solar and LED industries. Company has claimed to showcase their new product line in SnEC 2018 Power Expo. New product line includes tube filaments, which increases the productivity of Siemens CVD process and Continuity CZ Feeder which increase the productivity o silicon ingots.
Who are the top competitors of GT Advanced Technologies?
GT Advanced Technologies's top competitors include First Solar, Oxford Photovoltaics and Swift Solar.
How many acquisitions has GT Advanced Technologies made?
GT Advanced Technologies has made 3 acquisitions, including Confluence Solar, Crystal Systems, and Thermal Technology.
Who are GT Advanced Technologies's investors?
GT Advanced Technologies has 2 investors. Key investors include ON Semiconductor, and OSTI.GOV.