# Transphorm closes JV transaction for AFSW wafer-fab acquisition

Transphorm announced the close of a joint venture transaction where GaNovation, a JV with JCP Capital, acquired 100% interest in Transphorm's AFSW wafer-fab facility in Aizu Wakamatsu, Japan. Transphorm's effective stake in AFSW is now 25% via its ownership of GaNovation, down from 49%.

- Type: Acquisition
- Announced: 2021-08-03
- Where: Aizu Wakamatsu, Japan
- Status: completed
- Products: GaN power semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Transphorm](https://endata.com/companies/40965.md)
- [Fujitsu Semiconductor Limited](https://endata.com/companies/27643.md) (target)
- [Transphorm](https://endata.com/companies/40965.md) (acquirer)
- [GaNovation](https://endata.com/companies/56856.md) (acquirer)
- [JCP Capital](https://endata.com/companies/56857.md) (investor)
- [JCP Capital](https://endata.com/companies/56857.md) (partner)
- [AFSW](https://endata.com/companies/57814.md) (target)

## Sources

- [aithority.com](https://aithority.com/technology/financial-services/transphorm-announces-the-close-of-jv-transaction-for-acquisition-of-afsw-wafer-fab/), 2021-08-03: "Transphorm, Inc. a pioneer in and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products, announced the close of the transaction for the acquisition of 100% interest in the Company's AFSW wafer-fab facility by GaNovation."
- [eepower.com](https://eepower.com/news/transphorm-acquires-afsw-gan-wafer-fab-in-japan/), 2021-09-18: "Transphorm closed its acquisition of the high-volume AFSW wafer fab in Japan."

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