VeriSilicon Finalizes Joint Investment and Acquisition of Pixelworks Semiconductor, Bolstering Its Industrial Chain Strategy
2 day ago / Read about 0 minute
Author:小编   

On January 6th, VeriSilicon made an official announcement stating that the company, in collaboration with co-investors, had injected capital into Tiansui Xinyuan Technology (Shanghai) Co., Ltd. Leveraging Tiansui Xinyuan as the acquiring entity, the transaction successfully concluded with the acquisition and transfer of a controlling interest in Pixelworks Semiconductor (Shanghai) Co., Ltd. Following the completion of the transfer, Tiansui Xinyuan now owns 100% of Pixelworks Semiconductor's equity, leading to the inclusion of Pixelworks Semiconductor in VeriSilicon's consolidated financial statements.