# SiS to acquire HYCON Technology via share exchange

Silicon Integrated Systems Corp. (SiS) resolved to issue new shares to acquire 100% of HYCON Technology Corporation. The share conversion rate is 1 HYCON share for 0.8713 SiS share, with a record date of January 1, 2025.

- Type: Acquisition
- Announced: 2024-08-06
- Where: TWN
- Status: announced
- Products: battery management IC, mixed signal microcontroller, capacitive touch IC
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Silicon Integrated Systems](https://endata.com/companies/79019.md) (acquirer)
- [HYCON Technology Corporation](https://endata.com/companies/79020.md) (target)

## Sources

- [sis.com](https://www.sis.com/en-us/News/NewsDetail/N20240806), 2024-08-06: "SiS resolved to issue new shares in exchange for HYCON shares; HYCON will be a 100% owned SiS subsidiary"
- [digitimes.com](https://www.digitimes.com/news/a20240808PD210/sis-ic-design-merger-umc-market.html), 2024-08-09: "Taiwan-based IC design firm Silicon Integrated Systems Corp (SiS) announced it will acquire MCU manufacturer Hycon Technology through a share swap."

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