# Neways Electronics completes acquisition of Philips Micro Devices

Neways Electronics International N.V. completed the acquisition of Philips Micro Devices from Koninklijke Philips N.V. on March 2, 2026. Approximately 70 highly skilled employees transferred to Neways as part of the transaction.

- Type: Acquisition
- Announced: 2026-03-02
- Where: Netherlands
- Jobs: 70
- Status: completed
- Products: micro devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Koninklijke Philips NV](https://endata.com/companies/24418.md) (partner)
- [Neways Electronics International](https://endata.com/companies/38455.md) (acquirer)
- [Philips Micro Devices](https://endata.com/companies/89043.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/neways-electronics-international-n-v-completed-the-acquisition-of-philips-micro-devices-from-konink-ce7e5edbde8ff727), 2026-03-01: "Neways Electronics International N.V. completed the acquisition of Philips Micro Devices from Koninklijke Philips N.V. on March 2, 2026."

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