Himax Technologies, Inc. (NasdaqGS:HIMX) signed an agreement to acquire 89% stake in ViewSil Microelectronics (Kunshan) Limited from InfoVision Optoelectronics (Kunshan) Co., Ltd. (SHSE:688055) in March 2014. The transaction will be completed in two phases. In first phase, Himax Technologies, Inc. completed the acquisition of 38% stake in ViewSil Microelectronics (Kunshan) Limited during March 2015.

The acquisition of remaining 51% stake is scheduled to take place on December 31, 2020. On December 25, 2020, parties signed supplemental agreement under which completion of second phase is extended to December 31, 2021. On December 30, 2021, completion was postponed to December 31, 2022.