
Diodes Inc. Acquisition of Anachip Corp Announced
Submited on Wednesday, December 6, 2006
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Pamir Law Group acted for Diodes Inc. in its recently announced acquisition of Anachip Corp.
Diodes Inc, a NASDAQ-listed computer chipmaker, acquired Anachip Corp from Lite-On Semiconductor Corp, and two Taiwanese venture capital firms for approximately TWD 1.0 billion (US$ 30.0 million) in cash. Headquartered in Hsinchu Science-Based Industrial Park, Anachip produces computer chips and related semiconductor products. This acquisition will allow Diodes to increase its production capacity; the acquisition is expected to add to Diodes 2006 earnings.
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