# Bright Power Semiconductor to acquire 95.75% of Lingou Chuangxin for $95M

Bright Power Semiconductor (Jingfeng Mingyuan) announced it will acquire 95.75% of Lingou Chuangxin (Lingou Chuangxin) for 6.13 billion yuan (approx. $95 million) via a mix of shares and cash. The acquisition aims to enhance Bright Power's MCU chip capabilities.

- Type: Acquisition
- Announced: 2021-10-12
- Where: China
- Value: $95.0M (613.0M CNY)
- Status: announced
- Products: MCU chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Bright Power Semiconductor](https://endata.com/companies/58348.md) (acquirer)
- [Lingou Chuangxin](https://endata.com/companies/58349.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/573385.html), 2021-10-12: "公司拟向李鹏等14名凌鸥创芯原股东以发行股份及支付现金方式购买其合计持有的凌鸥创芯95.75%股权。"

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