Unic to buy Xcerra for US$580m
Print Edition
A unit of a Chinese semiconductor investment fund has agreed to buy US semiconductor testing company Xcerra Corp for US$580 million in cash.
The deal is subject to approval by the Committee on Foreign Investment in the United States, a government panel that reviews acquisitions by foreign entities for potential national security risks. CFIUS has cracked down on technology deals related to the semiconductor industry.
The buyer is Unic Capital Management, a subsidiary of Sino IC Capital, the companies said in a news release. Sino IC Capital was created in August 2014 and has some 138.7 billion yuan (US$20 billion) in funds under management to invest in the semiconductor space.
Unic is paying US$10.25 per share in cash for Xcerra. Xcerra shares ended at US$9.63 on Monday, below Unic’s offer price.
The deal is expected to close by year-end.
Massachusetts-based Xcerra designs and makes equipment to test semiconductors and circuit boards. It does not make semiconductors. It is able to seek other buyers for the next 35 days under terms of the merger agreement.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
