# Tederic Machinery to acquire 51% stake in Yixinwei Semiconductor

Tederic Machinery plans to acquire at least 51% of Yixinwei Semiconductor Technology (Shenzhen) Co., Ltd. via cash consideration and capital increase, with a total cash payment of up to CNY 244.8 million. The deal is subject to audit and formal agreement.

- Type: Acquisition
- Announced: 2024-03-19
- Where: China
- Value: $34.0M (244.8M CNY)
- Status: announced
- Products: memory modules
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Tederic Machinery](https://endata.com/companies/39064.md) (acquirer)
- [Yixinwei Semiconductor Technology (Shenzhen) Co., Ltd.](https://endata.com/companies/76296.md) (target)

## Sources

- [sina.cn](https://www.sina.cn/news/detail/5360867760671135.html), 2024-03-19: "本次交易拟有利于为公司实现第二增长曲线转型升级的现实路径选择."

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