ASMedia Completes Acquisition of Techpoint, Inc.

Techpoint, Inc. JDR ( (JP:6697) ) has provided an update.

ASMedia Technology Inc. has completed its acquisition of Techpoint, Inc., a move that will significantly expand ASMedia’s product portfolio and create new opportunities in the automotive and security sectors. The merger, valued at approximately US$390 million, is expected to contribute to ASMedia’s revenue growth and margin expansion by combining complementary business models and optimizing shared manufacturing and supply chains. The acquisition marks ASMedia’s first step in global expansion, enhancing its ability to deliver innovative solutions in AI, IoT, security, and automotive electronics, while Techpoint’s team and technology development will benefit from ASMedia’s operating excellence and R&D capabilities.

More about Techpoint, Inc. JDR

Techpoint is a fabless semiconductor company specializing in high-definition video connectivity technology, primarily targeting high-definition video security systems and automotive infotainment systems. Founded in 2012 and headquartered in the United States, Techpoint has design centers in the U.S. and offices in Taiwan, Korea, China, and Japan, focusing on next-generation high-definition video industries.

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Technical Sentiment Signal: Buy

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