Diodes Incorporated to acquire Lite-On Semiconductor for $428M

Diodes Incorporated has entered into an agreement to acquire Lite-On Semiconductor Corporation (LSC) in a cash-based share swap transaction valued at approximately $428 million. LSC is a Taiwan-based supplier of power-related discrete and analog semiconductor devices.

“The boards of both companies have approved the transaction, which is still subject to approval by LSC shareholders as well as other customary closing conditions and regulatory approvals.”diodes.com

• 2 sources
• diodes.comDiodes Incorporated to Acquire Lite-On Semiconductor CorporationAug 8, 2019
• dallasnews.comPlano-based Diodes' deal to buy Taiwanese chipmaker gets attention from ChinaBloomberg WireNov 20, 2019

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