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Nuvoton Technology Corporation has entered into an agreement to acquire Panasonic's semiconductor business, mainly operated by Panasonic Semiconductor Solutions, in an all-cash transaction.
“Nuvoton Technology Corporation announced that it has entered into a Stock and Asset Purchase Agreement with Panasonic Corporation under which Nuvoton will acquire the semiconductor business of Panasonic mainly operated by Panasonic Semiconductor Solutions.”ineltek.com
Summarized from public sources; check the original articles before acting on it.