Locus Capital Partners (Locus), a cross-border M&A advisory firm, is pleased to announce the formation of Dongwoon Anatech’s DC-DC Business JV and sale of its related assets to Shenzhen Challenge Technology in China.
Dongwoon Anatec, a KOSDAQ listed fabless semiconductor company, designs, develops, and manufactures analog semiconductors for electronic devices such as mobile phones, tablets, wearable devices, lighting, and TVs. The company has formed Chinese AMOLED DC-DC business JV and sold its related assets to Shenzhen Challenge Technology in China to promote development, production and sales of AMOLED DC-DC products within China and the global market.
Locus managed and executed the entire deal processes including Identification of buyer’s interest, management of financial and legal advisory, valuation, price & SPA negotiation, etc. successfully.