M&A Deal Summary

Shenzhen Longsys Electronics Co. Acquires Longforce

On October 13, 2023, Shenzhen Longsys Electronics Co. acquired semiconductors company Longforce

Acquisition Highlights
  • This is Shenzhen Longsys Electronics Co.’s 1st transaction in the Semiconductors sector.
  • This is Shenzhen Longsys Electronics Co.’s 1st transaction in China.

M&A Deal Summary

Date 2023-10-13
Target Longforce
Sector Semiconductors
Buyer(s) Shenzhen Longsys Electronics Co.
Deal Type Add-on Acquisition

Target

Longforce

SuZhou City, China
Longforce provides cover chip packaging, testing, and SMT, and its main products include flash memory chips, memory chips, and logic chips. Longforce is based in SuZhou City, China.

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Buyer(S) 1

Buyer

Shenzhen Longsys Electronics Co.

Shenzhen, China

Category Company
Founded 1999
Sector Technology Hardware
DESCRIPTION

Shenzhen Longsys Electronics Co., Ltd. is a DMS company (Design, Module, Service) which focuses on NAND flash applications for software and hardware products. Shenzhen Longsys Electronics was founded in 1999 and is based in Shenzhen, China.


DEAL STATS #
Overall 2 of 2
Sector: Semiconductors M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-31 Lexar Media

Milpitas, California, United States

Lexar Media, Inc. is a marketer and manufacturer of NAND flash memory products including memory cards, USB flash drives, card readers and ATA controller technology for the digital photography, consumer electronics, industrial and communications markets.

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