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Halo Microelectronics International Corporation (Halo US), a subsidiary of Silergy (Xidiwei), signed an agreement to sell its entire 30% stake in a joint venture to Navitas Semiconductor and license silicon controller technology to Navitas in exchange for $20 million worth of Navitas common stock. The agreement was announced on March 15, 2023.
“Halo US将其持有合资公司全部股份5,100,000股全部转让给Navitas;并将其拥有及经希荻微授权其使用的硅(Si)控制器相关技术许可给Navitas使用”spec.icspec.com
Summarized from public sources; check the original articles before acting on it.