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Rebellions and SAPEON Korea sign definitive merger agreement · Endata

◂ Announcements

Aug 18, 2024ACQUISITIONSouth Korea

Rebellions and SAPEON Korea sign definitive merger agreement

South Korean AI chip startup Rebellions and SAPEON Korea, an SK Telecom subsidiary, have signed a definitive merger agreement. The merged entity will be named Rebellions, with SAPEON Korea as the surviving entity, and is expected to launch within 2024.

Status

Announced

ProductsAI chipsneural processing units

CompaniesSK Hynix investor SK Telecom investor SK Square investor Rebellions target SAPEON Korea acquirer

Sectors#Semiconductors and Industrial Electronics

“Rebellions Inc., a South Korean AI chip startup and SAPEON Korea, an artificial intelligence (AI) semiconductor company established by SK Telecom announced today that they have signed a definitive merger agreement.”rebellions.ai

2 sources
rebellions.aiRebellions and SAPEON Korea Sign Definitive Merger Agreement - RebellionsAug 18, 2024
news.sktelecom.comSAPEON Korea and Rebellions Sign Definitive Merger Agreement – SK telecom newsroomSK Telecom PRAug 18, 2024

Summarized from public sources; check the original articles before acting on it.

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