# MediaTek to acquire full ownership of Airoha Technology

MediaTek announced it will acquire the remaining shares of Airoha Technology Corp for about NT$5 billion, making it a wholly owned subsidiary. The two-stage acquisition is to facilitate MediaTek's IoT business expansion.

- Type: Acquisition
- Announced: 2017-06-12
- Where: TWN
- Value: $166.0M (5.00B TWD)
- Status: announced
- Products: IoT chips, Bluetooth chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [MediaTek](https://endata.com/companies/24743.md) (acquirer)
- [Airoha Technology](https://endata.com/companies/24833.md) (target)

## Sources

- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2017/06/13/2003672436), 2017-06-12: "The acquisition is to facilitate MediaTek's IoT business expansion and enable the group to provide one-stop shopping services for consumer electronics."

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