Egis Technology Inc. completed the acquisition of 15.992696% stake in Silicon Optronics, Inc. for TWD 1.5 billion.
May 03, 2022
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Egis Technology Inc. (TPEX:6462) made an offer to acquire 23.03178% stake in Silicon Optronics, Inc. (TWSE:3530) for TWD 2.2 billion on April 12, 2022. C & A LAW FIRM acted as legal advisor to Egis Technology Inc. As of April 27, 2022, the accumulated tendered shares have exceeded minimum amount of 4,000,000 shares and thus all the conditions of this tender offer have been satisfied.
Egis Technology Inc. (TPEX:6462) completed the acquisition of 15.992696% stake in Silicon Optronics, Inc. (TWSE:3530) for TWD 1.5 billion on May 3, 2022.
Silicon Optronics, Inc. is a Taiwan-based company principally engaged in the development and distribution of complementary metal-oxide semiconductor (CMOS) image sensors and modules. The Company's products include Video Graphics Array (VGA) area CMOS image sensors, high definition (HD) /Full HD area CMOS image sensors, two Mb/five Mb/eight Mb area CMOS image sensors and 1200/2400 dots per inch (dpi) linear CMOS image sensor/modules. The Company's products are applied in digital cameras, mobile phones, surveillance cameras and other image scanning products. The Company distributes its products within domestic market and to overseas markets.