Wt Semiconductor News Today

Taipei, April 16 (CNA) WT Microelectronics Co., a Taiwan-based semiconductor component distributor, has agreed to acquire Singapore-listed Excelpoint Technology Ltd. for almost NT$5 billion (US$179 million), in a bid to strengthen its product portfolio.

Semiconductor components distributor WT Microelectronics Co (文曄科技) yesterday said it would acquire a 100 percent stake in Singapore-based Excelpoint Technology Ltd (世健科技) to expand its business and better serve its customers. Excelpoint is a regional electronic components distributor providing electronic components, engineering design services and supply chain management, its Web site says. WT Microelectronics said in a statement that it plans to buy Excelpoint shares at S$1.93 p...