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Acquisition

Major Acquisition in SiC/GaN Semiconductor Industry Concludes as Infineon Completes GaN Systems Purchase

What started as a groundbreaking acquisition in the SiC/GaN third-generation semiconductor and power semiconductor sector came to a satisfying conclusion on October 24th. In March...

Kaixin Auto plans to acquire WM Motor as financially troubled EV maker drops plan for backdoor listing in HK

Kaixin Auto has signed a non-binding letter of intent to acquire 100 percent of WM Motor from its shareholders by issuing a certain number...

Xpeng to acquire Didi’s EV business, plans to launch new brand codenamed ‘Mona’ in 2024

The first model in the "Mona" program will be an A-class EV, to be launched in 2024 to expand into the popular RMB 150,000...

Shell finalizes acquisition of Volta, scaling up its U.S. public electric vehicle charging network

Shell USA, Inc., a subsidiary of Shell plc, has completed the previously announced acquisition of Volta Inc. (Volta) in an all-cash transaction valued at approximately...

indie Semiconductor Acquires Silicon Radar GmbH

indie Semiconductor, an Autotech solutions provider, has announced it has acquired Silicon Radar GmbH, a German-based specialist in advanced, highly integrated, high-frequency system-on-chips (SoCs)...

indie to Acquire GEO Semiconductor

indie Semiconductor, an Autotech solutions provider, announced it has entered a definitive agreement to purchase GEO Semiconductor, Inc., a market leader in video processors...

BYD Acquires an Internet Insurance Company for $530M

According to Chinese commercial information query platform Tianyancha, BYD’s proposed acquisition worth 3.6 billion yuan ($530 million) for Yi’an Property Insurance Co., Ltd. was...

Renesas acquires Indian 4D imaging radar start-up Steradian

Renesas Electronics Corporation announced that it has completed the acquisition of Steradian Semiconductors Private Limited (“Steradian”), a fabless semiconductor company providing 4D imaging radar...

Velodyne Lidar Acquires AI Software Company Bluecity

Velodyne Inc. announced the company has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company whose next-generation, lidar-based solutions solve safety, traffic and infrastructure...

Full Truck Alliance May Acquire China Arm of Startup Plus

Reports have surfaced suggesting that digital freight platform Full Truck Alliance will acquire Plus, an autonomous driving truck company, according to Huxiu on August...

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