Chinese investors of Sino IC Capital acquired US firm Xcerra for $580 million
Chinese investors of Unic Capital Management, an affiliate of Sino IC Capital, has acquired US semiconductor firm Xcerra Corporation for $580 million in an all cash deal.
Founded in 1976 and headquartered in Norwood, Massachusetts, Xcerra designs and manufactures equipment to test semiconductors and circuit boards. Sino IC Capital was established in 2014, with approximately $20.9 billion funds under management with Jun Lu as president.
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More details follows:
Filed under Jun Lu, Sino IC Capital, Unic Capital Management