SiTel - Hg

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Year invested

2005

Country

UK



SiTel creates system products targeted primarily for the home wireless voice and data applications market. Its products include baseband and radio transceivers for cordless DECT (digital enhanced cordless telephony) and VoIP (voice over internet protocol) telephones and base stations as well as cordless gamepads and cordless voice modules. The company, which was formerly part of National Semiconductor Corporation, is based in ‘s-Hertogenbosch and Hengelo, in the Netherlands and employs approximately 70 people.

In 2011, Hg sold the business to to Dialog Semiconductor Plc for an enterprise value of $86.5 million. This represented a return on the original investment of 2.5x and an 18%.

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