Hua Hong Semiconductor held a commencement ceremony for a new 300mm wafer fabrication facility in Wuxi, China. The total investment is USD 10 billion, with USD 2.5 billion for the first phase at 90nm and 65nm/55nm nodes.
Xcerra Corporation stockholders approved the merger with Hubei Xinyan Equity Investment Partnership and China Integrated Circuit Industry Investment Fund Co., Ltd. The transaction is valued at $10.25 per share.
Unic Capital Management assigned its rights and obligations under the merger agreement to acquire Xcerra Corporation to Hubei Xinyan Equity Investment Partnership on August 4, 2017. The original merger agreement was dated April 7, 2017.
Unic Capital Management Co., Ltd., an affiliate of Sino IC Capital, and China Integrated Circuit Industry Investment Fund Co. agreed to acquire Xcerra Corporation for approximately $580 million. Xcerra provides semiconductor and PCB test equipment.
Shanhai Capital completed the acquisition of Analogix Semiconductor for approximately USD 500 million. China IC Fund joined as a limited partner in Shanhai Capital's fund.
Beijing Shanhai Capital Management Co., Ltd. completed the acquisition of Analogix Semiconductor for approximately $500 million. China Integrated Circuit Industry Investment Fund Co., Ltd. joined as a limited partner.
Beijing Shanhai Capital Management Co., Ltd. completed the approximately $500 million acquisition of Analogix Semiconductor, with China IC Fund as a limited partner.