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Beijing Jianguang Asset Management Co., Ltd. (a subsidiary of JIC) completes acquisition of NXP Standard Product Business
2017-02-07 

On February 7, 2017, NXP Standard Product Business M&A Project of Beijing Jianguang Asset Management Co., Ltd. affiliated to China Jianyin Investment Ltd. (with Nexperia B.V. being established for the purpose of the project) was successfully delivered, the transaction amount of which was 2.75 billion dollars. 

In June 2016, the joint venture between Beijing Jianguang Asset Management Co., Ltd. and Wise Road Capital signed an agreement pertaining to the sale and purchase of Nexperia with NXP, and the corresponding project was delivered on February 7, 2017.

NXP is a global leader in the fields of discrete devices, logic devices and Power MOS, and the delivery of the project will mark Beijing Jianguang Asset Management Co., Ltd. with another breakthrough in overseas M&A of the semiconductor industry after its acquisition of the NXP RF power business in 2015. China Jianyin Investment Ltd. will deploy its related investment platform companies in order to boost the organic assimilation of the two businesses, and will strive to become an industry leader and a global enterprise operated under the IDM (Integrated Device Manufacturer) model in the field of integrated circuits, so as to integrate itself into the global industry chain and drive the development of integrated circuit in China.

Thus far, the project is the largest overseas M&A project in the semiconductor field in China, and was the only Chinese project selected as one of the world's top ten semiconductor M&A projects in 2016.

 
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