SEOUL, KOREA: MagnaChip Semiconductor Ltd. has signed a definitive agreement with an investment group led by KTB Securities, a leading investment firm operating in Korea, to acquire MagnaChip. Terms of the acquisition were not disclosed.
Headquartered in South Korea, MagnaChip is a leading, Asia-based designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications.
The company has a broad range of analog and mixed-signal semiconductor technology and intellectual property, supported by its 29-year operating history, large portfolio of registered and pending patents and extensive engineering and manufacturing process expertise.
KTB Securities is a leading investment firm in South Korea whose comprehensive business includes private equity, investing and full service investment banking for corporate clients worldwide.
KTB Securities, together with its asset management affiliates, manages over $8.9 billion in total assets, and has successfully raised numerous funds based on its long-term relationships with pension funds and domestic and international financial institutions.
Friday, June 12, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.