# Haylo Labs acquires Plessey Semiconductors with Goertek financing

Haylo Labs, a newly formed company backed by venture fund Haylo Ventures, has acquired Plessey Semiconductors. The deal is financed by a $100 million five-year loan from Chinese tech company Goertek.

- Type: Acquisition
- Announced: 2025-08-21
- Where: United Kingdom
- Value: $100.0M
- Status: announced
- Products: microLED platforms
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Goertek](https://endata.com/companies/38924.md) (investor)
- [Plessey Semiconductors](https://endata.com/companies/46207.md) (target)
- [Haylo Labs](https://endata.com/companies/86761.md) (acquirer)
- [Haylo Ventures](https://endata.com/companies/86762.md) (partner)

## Sources

- [electronicsweekly.com](https://www.electronicsweekly.com/news/business/plessey-semiconductors-bought-with-chinese-money-2025-08/), 2025-08-21: "Recognising the need to bring together a fragmented yet highly promising microLED sector, we established Haylo Labs to focus exclusively on this space."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.