Magic Micro acquires 75% stake in LioniX International

Magic Micro, a South Korean electronics component company, has agreed to acquire 75 percent of LioniX International B.V., a Dutch photonic chip developer, for $25.5 million to expand into 5G and biosensor markets.

“Magic Micro said in a regulatory filing on Monday that the transaction accounts for about a third of its consolidated assets of last year.”pulse.mk.co.kr

• 1 source
• pulse.mk.co.krKosdaq-listed Magic Micro acquires Dutch firm LioniX International for new business - 매일경제 영문뉴스 펄스(Pulse)Jul 3, 2018

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