The "boss" of SSD master chip industry and a large semiconductor factory with a net profit of more than 1.4 billion yuan last year were annexed by a little-known American enterprise. The protagonist here is silicon motion (SMI), which is headquartered in Taiwan, China, China, and the acquirer is maxlinear in California. From the perspective of the business of both parties, there is little overlap, because Maling is a supplier of RF, analog and mixed signal technology.
According to DIGITIMES, Wallace Kou, CEO of Huirong, said in response to external concerns that the trademark will not be changed after the merger, and the two companies will remain independent**
In fact, according to the analysis of q-core voice, the acquisition of Huirong by mailing is an epitome under the background of this wave of semiconductor integration. When American manufacturers have eaten almost the meat, Huirong, such a low PE and high profit IC design company, can't be alone and will eventually be pocketed.
The acquisition price of Maling is US $3.8 billion, 50% higher than the market value of Huirong. Even if the boss of the board of directors is unwilling, most shareholders still can't choose to refuse.
If all goes well, the merger will be completed in the first half of 2023.
