Tsinghua Unisplendour 900 million dollars to complete acquisition of RDA-Tsinghua Unisplendour, RDA-IT news Tsinghua Unisplendour 900 million dollars to complete acquisition of RDA

Beijing time on 19th, Tsinghua Unisplendour group and RDA microelectronics subsidiary company of holding joint announcement, prices for 907 million dollars to complete acquisition of RDA microelectronics, RDA's listed on NASDAQ as one of the most powerful chip design companies. This IC industry this year with the largest amount of acquisitions.

The industry believes, with the RDA's acquisition integration, its relationship with another leading IC design company Spreadtrum Communications contest into a synergistic effect, which last year acquired by Unisplendour group. If the integration goes smoothly, this will have a major impact on the international competitiveness of the industry.

In July 2013, a 1.78 billion dollar bid from Tsinghua Unisplendour Spreadtrum Communications also listed on NASDAQ, and become the largest acquisitions in the domestic semiconductor manufacturers in recent years.

The acquisition, according to the merger agreement and the amendments both sides signed last year, RDA all shares of common stock will be cancelled. Of the consideration for the acquisition of, 3.0833 dollars in cash per share of common stock available, each ADS (equivalent to 6 shares) for $ 18.50 in cash.

It was revealed that the Unisplendour group through its overseas branches, overseas financing, ultimately the merger. Unisplendour Group Chairman and Chief Executive Officer Zhao Weiguo said ziguang group, through its overseas branches, the successful completion of the acquisition of RDA, the ziguang group, RDA, Tsinghua industry and China's semiconductor sector is of landmark significance. RDA and Spreadtrum Communications in effective collaboration on technologies and products, will significantly improve the Chinese enterprises in the global chip market position in the field of mobile communications.

Reportedly, sharp Dicko microelectronics company established Yu 2004, is currently domestic only can success design and mass volume produced including digital base with, and RF transceiver device, and power amplifier, and RF switch, and Bluetooth, and wireless, and FM radio, full series digital and the RF products of IC supplier, has near 100 items has China independent intellectual property of invention patent, customer including Samsung, and LG, and HTC, and ZTE, and Huawei, and Lenovo, more than 1100 over.