# Fastprint Technology to acquire 100% of Beijing Ibiden for ¥870M

Fastprint Technology (Shenzhen) announced its subsidiary will acquire 100% of Beijing Ibiden from Ibiden Co., Ltd. for ¥8.7 billion (¥870 million), gaining a PCB manufacturer focused on HDI and substrate-like PCBs for mobile devices.

- Type: Acquisition
- Announced: 2022-12-16
- Where: Beijing, China
- Value: $125.0M (870.0M CNY)
- Status: announced
- Products: high-density interconnect PCBs, substrate-like PCBs, IC packaging substrates
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [IBIDEN Co., Ltd.](https://endata.com/companies/23859.md) (partner)
- [Fastprint Technology (Shenzhen)](https://endata.com/companies/67389.md) (acquirer)
- [Beijing Ibiden](https://endata.com/companies/67390.md) (target)

## Sources

- [news.qq.com](https://news.qq.com/rain/a/20221216A06N3J00), 2022-12-16: "本次交易完成后，兴森科技将在产品、客户、技术层面和北京揖斐电实现深度对接并推动对北京揖斐电转型升级的投资"

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