# Bright Power Semiconductor to acquire 38.87% stake in Lingou Chuangxin for $2.5B

Bright Power Semiconductor (Jingfeng Mingyuan) announced it will acquire a 38.87% stake in Nanjing Lingou Chuangxin Electronics for CNY250 million, increasing its ownership to 61.61%. The acquisition aims to expand product lines and enable joint development of IPM motor driver chips.

- Type: Acquisition
- Announced: 2023-03-15
- Where: China
- Value: $36.3M (250.0M CNY)
- Status: announced
- Products: MCU chips, IPM motor driver chips, power management ICs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Bright Power Semiconductor](https://endata.com/companies/58348.md) (acquirer)
- [Nanjing Lingou Chuangxin Electronics](https://endata.com/companies/69114.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/892187.html), 2023-03-15: "公司拟以现金方式收购参股公司南京凌鸥创芯电子有限公司38.87%股权，股权转让价款合计人民币2.50亿元。"

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