Egis Technology Inc. completed the acquisition of an additional 9.47% stake in iCatch Technology, Inc. for approximately TWD 540 million.
January 10, 2022
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Egis Technology Inc. (TPEX:6462) made an offer to acquire additional 11.8% stake in iCatch Technology, Inc. (TPEX:6695) for approximately TWD 670 million on December 20, 2021. The acceptance period for tender offer is December 23, 2021 to January 11, 2022.
Egis Technology Inc. (TPEX:6462) completed the acquisition of an additional 9.47% stake in iCatch Technology, Inc. (TPEX:6695) for approximately TWD 540 million on January 11, 2022. During the offer period, Egis Technology Inc. acquired 8 million shares. All the conditions of this tender offer deal has been satisfied.
iCatch Technology, Inc. is a Taiwan-based company mainly engaged in the provision of digital camera image and video processing chips. The Company mainly provides low-end image and video processing chips for low-end digital cameras, hunting trail cameras, simple automobile data recorders; middle-end image and video processing chips for medium and high-end digital cameras, sports cameras, network cameras and main automobile data recorders; high-end image and video processing chips for high-end digital cameras, 4K motion cameras, 360 virtual reality (VR) cameras, multi-channel splicing network cameras and high-end automobile data recorders, as well as other products, including mobile phone camera module image sensor processors (ISP) chips, used to improve mobile phone image quality, and low voltage differential signaling (LVDS) analog wired transmission and reception interface chips to connect remote photographic lens modules and center processing prime wafers.
ICATCH TECHNOLOGY, INC. 
