On December 4, huiding Technology issued a notice saying that recently, the company received the letter of decision on no prohibition of anti monopoly examination of concentration of business operators (decision on anti monopoly examination [2019] No. 483) issued by the State Administration of market supervision: "according to Article 26 of the anti monopoly law of the people's Republic of China, upon examination, it is hereby decided to purchase Enzi from Shenzhen huiding Technology Co., Ltd Some business cases of Pu semiconductor company are not prohibited. Your company can implement concentration from now on. "

Huiding technology will acquire NXP's vas business through China's antitrust review

The acquisition originated on August 16, 2019. The board of directors of huiding technology passed the proposal on establishing a wholly-owned subsidiary and purchasing assets through foreign investment, agreeing that the company will purchase voice and audio solutions (hereinafter referred to as "vas") under NXP B.V. (hereinafter referred to as "NXP") through cash payment, with a transaction price of US $165 million 。

Huiding technology will acquire NXP's vas business through China's antitrust review

It is understood that vas business solutions are mainly used in smart phones, smart wear, IOT and other fields, and the main customers are well-known Android phone manufacturers at home and abroad. At the same time, it is also to strengthen the layout of huiding technology in the field of the Internet of things.