Delta Electronics, Inc. (TWSE:2308) agreed to acquire remaining 50.78% stake in Vivotek Inc. (TWSE:3454) for TWD 4.4 billion on December 1, 2025. A cash consideration of TWD 4.4 billion valued at TWD 100 per share will be paid by Delta Electronics, Inc. As part of consideration, TWD 4.4 billion is paid towards common equity of Vivotek Inc. Upon completion, Delta Electronics, Inc. will become wholly owned subsidiary of Vivotek Inc.

The transaction is subject to approval of merger agreement by target board, approval of offer by acquirer board and approval of offer by target shareholders. The deal has been approved by the board of Delta Electronics, Inc. and Vivotek Inc. The expected completion of the transaction is March 27, 2026.