# Wingtech Technology acquires Nexperia Group for 19.9 billion yuan

Wingtech Technology's acquisition of Nexperia Group (formerly NXP's standard products division) was approved by China's securities regulator on June 5, 2019. The deal is valued at 19.925 billion yuan, giving Wingtech an indirect 79.98% stake in Nexperia.

- Type: Acquisition
- Announced: 2019-06-05
- Where: Netherlands
- Value: $2.88B (19.9B CNY)
- Status: announced
- Products: discrete devices, logic devices, MOSFET devices
- 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

- [m.bjnews.com.cn](https://m.bjnews.com.cn/detail/155974239514171.html), 2019-06-05: "这意味着，历时一年多，手机ODM（原始设计制造商）龙头闻泰科技收购安世半导体完成最重要的一步。"

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