Acer subscribes 8.97% stake in memory manufacturer Yushan to strengthen business cooperation

Thanks to CTOnews.com netizen OC_Formula for the clue delivery! According to CTOnews.com news on November 8, Acer's board of directors has now decided to participate in subscribing for the private equity of Yuzhan Technology Co., Ltd., totaling 11000000 shares at a price of NT $33 per share, with a total amount of NT $363 million. It is expected to hold an 8.97% stake in Yuzhan upon completion of the application.

According to reports, Yuzhan is already a supplier to Acer, Jianer and Antus Technology, and Acer Group companies such as Zhan er also have agents to distribute their products. This time, Acer's participation in subscribing for Yuzhan's private common shares will not only expand their strategic cooperation, but also obtain stable returns. In addition to deepening existing cooperation in the future, the two sides are expected to play a comprehensive role in more areas in the future as Acer Group continues to develop multiple business engines.

CTOnews.com learned that Apacer Yuzhan was founded in 1997 with complete R & D, design, manufacturing and marketing capabilities, and its product line spans memory modules, industrial SSD, consumer digital storage products and Internet of things integration solutions.