NAURA Technology Group Co., Ltd. (SZSE:002371) agreed to acquire assets of Akrion Systems LLC for $15 million on August 7, 2017. The agreement remains subject to government approvals prior to closing. As on August 7, 2017, the transaction was approved by the Board of Directors of NAURA Technology. As of December 23, 2017, Committee on Foreign Investment in the United States approved the transaction. Acuity Advisors Limited acted as financial advisor and Perkins Coie LLP acted as legal advisor to Akrion Systems. Needham & Company is serving as financial advisor and Fang Xue, Jose Fernandez, Joseph Barbeau, Jeff Trinklein, and Michael Collins of Gibson, Dunn & Crutcher LLP is serving as US legal advisor to NAURA. NAURA Technology Group Co., Ltd. (SZSE:002371) completed the acquisition of assets of Akrion Systems LLC on January 16, 2018. Post-completion, the combined entity will operate as NAURA Akrion Inc.