# New Power Plasma to absorb wholly owned subsidiary ACS

New Power Plasma has decided to absorb its wholly owned subsidiary ACS, with the merger ratio set at 1:0 and the merger date scheduled for September 26, 2017, to improve operational efficiency and enhance synergy between businesses.

- Type: Acquisition
- Announced: 2017-07-19
- Where: South Korea
- Status: announced
- Products: plasma equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [New Power Plasma](https://endata.com/companies/25712.md)
- [ACS](https://endata.com/companies/25713.md) (target)

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/1516871), 2017-07-19: "인적ㆍ물적 통합으로 운영 효율성을 높이고 사업간 시너지를 제고하며, 신사업 역량을 증대하고자 한다."

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