BCD Semiconductor Manufacturing Agrees to Acquire Auramicro for $5.6M Cash

BCD Semiconductor Manufacturing Limited

, a leading analog integrated device manufacturer, or IDM, based in China, specializing in the design, manufacture and sale of power management integrated circuits, or ICs, today announced that it has acquired Auramicro Corporation, a private company incorporated in Cayman Islands with main operations in Taiwan, for approximately $5.6 million in cash. The acquisition will add a significant engineering team to BCD's power management IC research and development team. In addition, the acquisition will expand BCD's rapidly growing DC/DC product portfolio with solutions that can leverage BCD's Fab 2 manufacturing process currently under development. "The addition of Auramicro's analog design team and power IC product portfolio will be a great complement to BCD's growing power IC business," said Chieh Chang, CEO of BCD Semiconductor. "We feel our differentiated business model will allow us to continue to take share in the multi-billion dollar power IC market and we are excited to have Auramicro's team join the BCD family."