Shanhai Capital Completes Acquisition of Analogix Semiconductor
Analogix Semiconductor, Inc. and Beijing Shanhai Capital Management Co, Ltd. (Shanhai Capital), today jointly announced the completion of the approximately $500 million acquisition of Analogix Semiconductor. China Integrated Circuit Industry Investment Fund Co., Ltd. (China IC Fund) joined Shanhai Capital’s fund as one of the limited partners.
“We are very pleased to have completed the transaction,” said Dr. Kewei Yang, Analogix Semiconductor’s chairman and CEO. “Enhanced by the strong financial support of our new investors, Analogix’s future is brighter than ever. We are excited to continue building and growing Analogix into a global leader in high-performance semiconductors.”
“As Analogix’s key financial partner and investor, we look forward to leveraging our resources to accelerate the company’s growth into new markets,” said Mr. Xianfeng Zhao, Chairman of Shanhai Capital. “We will build on the strength of the company’s core technology and customer relationships to create an exceptional semiconductor company that will be publicly listed in China.”
Sino-American International Investment Ltd, and Needham & Company, LLC served as financial advisors to Analogix Semiconductor. O'Melveny & Myers LLP served as legal counsel to Analogix Semiconductor.
Pillsbury Winthrop Shaw Pittman LLP and Jingtian & Gongcheng acted as legal counsel to Beijing Shanhai Capital Management Co.
About Analogix Semiconductor
Analogix Semiconductor, Inc. designs and manufactures semiconductors for the digital multimedia market, from portable devices such as smartphones to high-end graphics cards and large, high-definition displays. Analogix is the market leader in providing end-to-end interface connectivity semiconductor solutions for DisplayPort, including high-speed signal conditioners and the SlimPort family of products, and an industry leader in mobile display controllers, such as low-power, high-speed timing controller solutions. The DisplayPort standard is an innovative, packetized digital interface for high-resolution video and audio that was developed by the Video Electronics Standards Association (VESA). SlimPort branded products are compliant with DisplayPort, Mobility DisplayPort (MyDP), and DisplayPort Alternate Mode over the USB Type-C connector.
About Beijing Shanhai Capital Management Co, Ltd.
Headquartered in Beijing, China, Shanhai Capital is a pioneer buyout fund in healthcare and technology managing RMB and USD-denominated funds. Its investment professionals have deep industry knowledge and are dedicated to a long-term investment horizon portfolio. By leveraging its resources and expertise, Shanhai Capital brings value-added services and accelerates the growth of its portfolio companies.
Analogix and SlimPort are trademarks or registered trademarks of Analogix Semiconductor, Inc. All other trademarks and trade names are the property of their respective owners.
Analogix Media Contact
Gratia Stefan, 408-988-8848
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Business Wire
CA-AXONICS10.12.2018 17:05 | Pressemeddelelse
Axonics® Announces Publication of NICE Briefing
GLOBAL-BLOCKCHAIN-ASSOC10.12.2018 16:02 | Pressemeddelelse
The Largest Blockchain Conference in Asia to Be Held 30–31 January in Yokohama, Japan
GA-GLOBAL-PAYMENTS10.12.2018 14:32 | Pressemeddelelse
Global Payments’ TouchNet Business Named “Partner of the Year” by Ellucian
FL-CTS-ENGINES10.12.2018 14:02 | Pressemeddelelse
CTS Engines Hires Tom Bode as Senior Vice President, Operations
TRACXPOINT10.12.2018 12:02 | Pressemeddelelse
Tracxpoint Signed a Major Agreement to Deploy its Artificial Intelligence Cart (AiC®) Platform at CONAD, One of the Largest and Most Sophisticated Supermarket Chains in Italy with 3,000 Locations in Lieu of Amazon Go after Intensive Study
JETEX10.12.2018 10:54 | Pressemeddelelse
Jetex Now the Exclusive Dealer in the Middle East for Hi-Tech New HondaJet
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.Besøg vores nyhedsrum