Announced
Financials
Tags
research and development
Disposal
Pending
Friendly
Domestic
Single Bidder
electronic automotive control
Acquisition
Private
South Korea
Majority
Electronic Equipment: Control and Filter
Synopsis
Hyundai Mobis, a car parts company, is set to acquire semiconductor division of Hyundai Autron, an automotive supplier, for $122m. With this acquisition, Hyundai Mobis plans to develop the capability of designing, developing and verifying semiconductors for vehicles and subsequently differentiate its integrated control technology in the future automotive field.
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