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ChipsUp to RMB 220M (~US$32.8M)

Empyrean plans to spend up to RMB 220 million for as much as 51% of EDA firm Qijie Technology

Source
Eastmoney (weekly roundup)
RMB
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Empyrean announced on 1 November it will spend up to RMB 220 million in cash for up to 51% of Qijie Technology, in which it already holds a stake, including 50.3762% from Qijie's controlling holder. Its total holding would reach 73.8651% and Qijie would be consolidated. An Eastmoney weekly roundup treats it as a deal to fill gaps in EDA.

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Read original ↗Source: Eastmoney (weekly roundup) · Opens the source in a new tab