Flexium Interconnect, Inc. completed the acquisition of 30% stake in Rafael Microelectronics, Inc..
November 15, 2023
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Flexium Interconnect, Inc. (TWSE:6269) made an offer to acquire 30% stake in Rafael Microelectronics, Inc. (TPEX:6568) for TWD170 on October 18, 2023. The source of funds for this tender offer is self-owned funds of the Company, KGI Securities Co. Ltd. acted as financial advisor to Flexium Interconnect, Inc. (TWSE:6269)
Flexium Interconnect, Inc. (TWSE:6269) completed the acquisition of 30% stake in Rafael Microelectronics, Inc. (TPEX:6568) on November 16, 2023.
Rafael Microelectronics, Inc. is a Taiwan-based company mainly engaged in design, manufacture and sales of radio frequency integrated circuits (RFICs) and integrated RF systems. The Company's main products are RFICs, including RF tuners, LNB outdoor units and satellite-related ICs. Its products are widely used in set-top boxes for TV, digital cable, terrestrial broadcasting andsatellite, as well as satellite front-end receiving systems and wireless RF transmission systems. The Company distributes its products within domestic markets and to overseas markets.
RAFAEL MICROELECTRONICS, INC. 
