# Achronix to list on Nasdaq through merger with ACE Convergence

Achronix Semiconductor Corporation and ACE Convergence Acquisition Corp. entered into a definitive agreement for a business combination, with Achronix expected to list on Nasdaq under ticker ACHX by mid-2021.

- Type: Acquisition
- Announced: 2021-01-07
- Where: Santa Clara, California, United States
- Value: $2.10B
- Status: announced
- Products: FPGAs, eFPGA IP, data acceleration solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Achronix Semiconductor](https://endata.com/companies/46153.md)
- [Achronix Semiconductor](https://endata.com/companies/46153.md) (target)
- [ACE Convergence Acquisition Corp.](https://endata.com/companies/52352.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1813658/000110465921002065/tm211911d1_ex99-1.htm), 2021-01-07: "Achronix is the only independent supplier of high-performance FPGAs and eFPGA IP based data acceleration solutions used in high-growth applications including AI, cloud computing, 5G, networking and automotive driver assistance."
- [businesswire.com](https://www.businesswire.com/news/home/20210107005892/en/Achronix-to-List-on-Nasdaq-Through-Merger-With-ACE-Convergence), 2021-01-07: "Achronix is the only independent supplier of high-performance FPGAs and eFPGA IP based data acceleration solutions used in high-growth applications including AI, cloud computing, 5G, networking and automotive driver assistance."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1813658/000110465921003423/tm212855-1_425.htm), 2021-01-12: "Achronix is the only independent supplier of high-performance FPGAs and eFPGA IP based data acceleration solutions used in high-growth applications including AI, cloud computing, 5G, networking and automotive driver assistance"
- [newscienceventures.com](https://www.newscienceventures.com/achronix-to-list-on-nasdaq-through-merger-with-ace-convergence-2/), 2021-01-12: "Achronix Semiconductor Corporation and ACE Convergence Acquisition Corp. have entered into a definitive agreement for a business combination that would result in the combined entity continuing as a publicly listed company."
- [prnewswire.com](https://www.prnewswire.com/news-releases/new-science-ventures-announces-merger-of-its-portfolio-company-achronix-with-ace-convergence-301206141.html), 2021-01-12: "Achronix Semiconductor Corporation and ACE Convergence Acquisition Corp. have entered into a definitive agreement for a business combination that would result in the combined entity continuing as a publicly listed company."

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