# Epistar and Lextar to establish new holding company via share conversion

Epistar and Lextar announced plans to jointly establish a new holding company (Company A) via share conversion, approved by both boards on June 18, 2020, to act as a III-V semiconductor investment platform.

- Type: Acquisition
- Announced: 2020-06-18
- Where: TWN
- Status: announced
- Products: LED components, mini/micro-LED displays, III-V semiconductor devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Epistar](https://endata.com/companies/44201.md)
- [Lextar Electronics](https://endata.com/companies/47968.md)
- [Lextar](https://endata.com/companies/48014.md) (target)

## Sources

- [ennostar.com](https://www.ennostar.com/en/news/news/2), 2020-06-18: "The synergy of this collaboration include the following: to integrate the resources and to refocus expertise of two companies."
- [microled-info.com](https://www.microled-info.com/epistar-and-lextar-merge-focus-minileds-and-microleds-future-growth), 2020-06-21: "Epistar and Lextar announced plans to establish a joint holding company, effectively merging the two companies."
- [21ic.com](https://www.21ic.com/article/792560.html), 2020-06-22: "晶元光电与隆达电子于今(18)日分别召开之董事会中通过，双方拟换股共同成立投资控股公司"

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