Huada Jiutian to acquire Xinhe Semiconductor for EDA capabilities

Huada Jiutian (Empyrean) plans to acquire 100% of Xinhe Semiconductor via share issuance and cash, making it a wholly-owned subsidiary. The deal fills gaps in EDA tools for chip-to-system design.

“Huada Jiutian disclosed a major asset restructuring plan, proposing to acquire 100% equity of Xinhe Semiconductor through a combination of share issuance and cash payment.”hailingdasz.com

• 1 source
• hailingdasz.comEmpyrean Plans to Acquire Xinhe Semiconductor: Advancing Full-Spectrum, End-to-End EDA Capabilities - Hilend Technology (Shenzhen) Co., LtdDec 28, 2024

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