# Xintang Technology completes $250M acquisition of Panasonic Semiconductor

Xintang Technology (Nuvoton Technology) completed its $250 million (RMB1.75 billion) acquisition of Panasonic's semiconductor business PSCS, including Panasonic Semiconductor (Suzhou) and Panasonic Industrial Devices Semiconductor in Singapore. The combined entity will be renamed Nuvoton Technology Japan Corporation.

- Type: Acquisition
- Announced: 2020-09-01
- Where: Japan
- Value: $250.0M
- Status: completed
- Products: semiconductor products, imaging sensing technology, microcontroller technology, semiconductor component technology
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Xintang Technology](https://endata.com/companies/49667.md) (acquirer)
- [Panasonic Semiconductor Solutions (PSCS)](https://endata.com/companies/49668.md) (target)
- [Panasonic Semiconductor (Suzhou)](https://endata.com/companies/49669.md) (target)
- [Panasonic Industrial Devices Semiconductor](https://endata.com/companies/49670.md) (target)

## Sources

- [sunton-sg.com](http://sunton-sg.com/index.php/news_v_22_22.html), 2020-09-02: "Xintang announced that it has completed a $250 million (RMB1.75 billion) acquisition of Panasonic's semiconductor business PSCS."

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