Semiconductor Asset Acquisition – ILI TECHNOLOGY x MediaTek
We represented ITH Corporation (ITH-KY 6962)‘s subsidiary ILI TECHNOLOGY in a US$150 million asset acquisition from MediaTek (2454).
The transaction involves MediaTek’s discrete TCON (timing controller) assets and team, and includes a technology licensing agreement. Closing is expected in Q2 2025, with full integration by Q3. ITH anticipates significant synergies to emerge beginning Q4 2025, further strengthening its leadership in display technologies.