# Orthosie Investment Holdings to acquire On-Bright Electronics for $428M

Consortium Orthosie Investment Holdings Ltd. is acquiring 100% of Shanghai-based On-Bright Electronics Inc. for NT$12.88 billion ($428 million), clearing the way for Diodes Inc. to acquire Lite-On Semiconductor Corp.

- Type: Acquisition
- Announced: 2020-01-08
- Where: Shanghai, China
- Value: $428.0M
- Status: announced
- Products: semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Diodes Incorporated](https://endata.com/companies/37091.md) (acquirer)
- [Lite-On Semiconductor Corporation](https://endata.com/companies/41233.md) (target)
- [On-Bright Electronics Inc.](https://endata.com/companies/43417.md) (target)
- [Orthosie Investment Holdings](https://endata.com/companies/44370.md) (acquirer)

## Sources

- [news.bloomberglaw.com](https://news.bloomberglaw.com/tech-and-telecom-law/u-s-bid-for-chinese-chipmakers-parent-clears-a-major-hurdle), 2020-01-08: "The consortium, Orthosie Investment Holdings Ltd., is acquiring 100% of Shanghai-based On-Bright Electronics Inc. for NT$230 per share"

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