MediaTek merges with MStar Semiconductor for 115 billion New Taiwan Dollars (US$3.8 billion)
Client(s) Mediatek, Inc.
Jones Day represented MediaTek Inc., a fabless semiconductor company for wireless communications and digital multimedia solutions, in its tender offer for and acquisition of MStar Semiconductor, Inc. for 115 billion New Taiwan Dollars (US$3.8 billion). MStar Semiconductor is also a leading fabless semiconductor company but more focused on IC chips for televisions.
This transaction was awarded "Best M&A Deals of the Year" in the Taiwan and Greater China Region at the annual Taiwan M&A 2013 awards ceremony at the Taiwan Academy of Banking and Finance. Organized by The Taiwan Mergers and Acquisitions and Private Equity Council, the annual awards ceremony represents the highest recognition for M&A players involving Taiwan.