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Shanhai Capital to acquire Analogix Semiconductor

Analogix Semiconductor and Beijing Shanhai Capital Management have entered into a definitive merger agreement under which a consortium led by Shanhai Capital will acquire all of the outstanding shares of Analogix for over $500 million. China Integrated Circuit Industry Investment Fund (China IC Fund) also joined Shanhai Capital’s fund as one of the limited partners. The transaction is subject to regulatory approvals and is expected to close in late 2016.

Analogix is headquartered in Santa Clara, California, and the majority of its engineering operations are located in Beijing, China. Current Analogix investors include DCM Ventures, Globespan Capital Partners, Keytone Ventures, and the Woodside Fund.

[Image courtesy: Analogix]

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