# Alibaba acquires Chinese microchip maker Hangzhou C-SKY Microsystems

Alibaba Group acquired Hangzhou C-SKY Microsystems, a Chinese supplier of embedded CPU cores, to boost its cloud-based IoT business. Alibaba increased its stake to 100%.

- Type: Acquisition
- Announced: 2018-04-20
- Where: Hangzhou, China
- Status: completed
- Products: embedded CPU cores, microchips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Alibaba Group](https://endata.com/companies/31458.md) (acquirer)
- [Hangzhou C-SKY Microsystems](https://endata.com/companies/31459.md) (target)

## Sources

- [venturebeat.com](https://venturebeat.com/business/alibaba-acquires-chinese-microchip-maker-to-boost-its-iot-business/), 2018-04-20: "The acquisition of Hangzhou C-SKY Microsystems, a leading Chinese supplier of embedded CPU cores, underlines our commitment to driving the development of the chip industry."

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