# EDOM Technology to acquire Promaster Technology in cash share swap

EDOM Technology and Promaster Technology approved a cash-based share swap where Promaster will become a wholly-owned subsidiary of EDOM at NT$18 per share. The deal is expected to close by December 30, 2021.

- Type: Acquisition
- Announced: 2021-09-30
- Where: TWN
- Status: announced
- Products: semiconductor components, integrated circuits, wireless communication products, multimedia products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [EDOM Technology](https://endata.com/companies/58027.md) (acquirer)
- [Promaster Technology](https://endata.com/companies/58028.md) (target)

## Sources

- [edomtech.com](https://www.edomtech.com/en/edom_news-detail/401/), 2021-09-30: "After the completion of this share swap, Promaster will become a wholly-owned subsidiary of EDOM."
- [edomtech.com](https://www.edomtech.com/en/news-detail/2904/), 2021-10-17: "After the completion of this share swap, Promaster will become a wholly-owned subsidiary of EDOM."

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