# Wingtech to acquire Dutch chipmaker Nexperia for $2.7B

Chinese company Wingtech Technology Co. announced it will pay 18.5 billion yuan ($2.7 billion) to buy and consolidate stakes in Dutch chipmaker Nexperia.

- Type: Acquisition
- Announced: 2018-10-25
- Where: Netherlands
- Value: $2.70B
- Status: announced
- Products: chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Nexperia](https://endata.com/companies/19628.md) (target)
- [Wingtech Technology](https://endata.com/companies/35119.md) (acquirer)

## Sources

- [news.bloomberglaw.com](https://news.bloomberglaw.com/tech-and-telecom-law/obscure-chinese-firm-wingtech-to-buy-dutch-chipmaker-nexperia), 2018-10-25: "Wingtech Technology Co. said Oct. 25 it’s paying 18.5 billion yuan ($2.7 billion) to buy and consolidate a plethora of stakes in Nexperia."

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