# Unisplendour Guoxin to acquire Linxens for $2.6 billion

Unisplendour Guoxin Microelectronics announced a plan to acquire Linxens for 18 billion yuan ($2.6 billion) to strengthen its smart card and security chip business.

- Type: Acquisition
- Announced: 2019-06-02
- Where: China
- Value: $2.60B (18.0B CNY)
- Status: announced
- Products: smart card components, security chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Linxens](https://endata.com/companies/33333.md) (target)
- [Unisplendour Guoxin Microelectronics](https://endata.com/companies/40183.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/213628.html), 2019-06-23: "Unisplendour Guoxin disclosed a major asset restructuring plan on June 2 to acquire Linxens for 18 billion yuan."

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