ASMedia Technology Inc. (TSEC:5269) agreed to acquire an unknown minority stake in WT Microelectronics Co., Ltd. (TSEC:3036) for TWD 8.1 billion on February 21, 2020. ASMedia will acquire 19 WT common shares in exchange for each of its share. ASMedia will hold 22.39% in WT Microelectronics and WT will hold 13.04% shares in ASMedia post closing.

Baker & McKenzie, Taipei acted as legal advisor to WT Microelectronics Co., Ltd in the transaction.