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Announcement of the Acquisition of the Semiconductor Business from Panasonic

Nuvoton Technology Corporation (TSEC:4919, herein “Nuvoton”) announced that it has entered into a Stock and Asset Purchase Agreement with Panasonic Corporation (TSE:6752, herein “Panasonic”) under which Nuvoton will acquire the semiconductor business of Panasonic mainly operated by Panasonic Semiconductor Solutions., Ltd. (herein “PSCS”) in an all-cash transaction. The transaction has been approved by the Board of Directors of Nuvoton.

PSCS, located in Nagaokakyo City, Kyoto, is a leading global supplier of semiconductor devices and solutions with products that focus on “Sensing” technologies such as Image Sensors, Image / Digital Signal Processors, “Microcontroller” technologies such as MCU, IC Card, Battery Management, Power Management and ”Component” technologies such as MOSFET, RF-GaN and Laser Diode.

The acquisition of the semiconductor business mainly operated by PSCS will generate greater value for customers and shareholders of both companies, and will:

  • Increase Nuvoton’s presence in the global semiconductor industry through greater scale and volume of semiconductor solutions;
  • Position Nuvoton well to capture secular growth trends in the electrification and automation of automotive and industrial fields;
  • Broaden Nuvoton’s distribution channels and customer base to explore cross-selling opportunities; and
  • Strengthen Nuvoton’s technology platform via deeper R&D resources and a broader intellectual property portfolio.





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