China IC Fund-Backed Entity Acquires Analogix Semiconductor For $500M

chipsAn investor consortium led by Chinese private equity firm Beijing Shanhai Capital Management Co, Ltd. has agreed to acquire Santa Clara, California-headquartered Analogix Semiconductor, Inc. for over US$500 million with plans to list the company in China soon. China Integrated Circuit Industry Investment Fund Co., Ltd. (China IC Fund) is one of Shanhai Capital’s limited […]

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Read the original article: China Money Network