Development of mergers and acquisitions target exposure: BridgeLux

Deep science and technology in July 20th announcement disclosed that its joint venture company intends to acquire the entire equity interest of the development of crystal of an American LED company, the transaction price of $130 million (about 800 million yuan), the development of crystal and strategic investors will jointly bid. Deep science and technology in the announcement did not disclose the specific name of the target enterprise only said that the proposed acquisition of overseas target enterprise is a company located in the United States engaged in LED chip, package and optical module products R & D, manufacturing business of the company.

Today (22), deep science and technology once again announced that the company was informed that the development of crystal subsidiary of Chongqing Puhua Rui photoelectric limited liability company (hereinafter referred to as "Pu Rui") on the evening of July 20, 2015 with FORTIS ADVISORS LLC (BridgeLux, Inc. on behalf of all existing shareholders) signed the "equity acquisition agreement", Price Waterhouse & $130 million acquisition a 100% stake of BridgeLux.

According to information, BridgeLux is located in the United States engaged in LED chips, packaging and optical module products R & D, manufacturing business. Currently has more than 750 patents on LED chips and packaging in the global scope, and with CREE patent cross licensing. Its products can be sold in the global patent risk. The high power and high brightness LED packaging technology and Cree (USA), Philips (Europe), Citizen (Japan) and other famous, in a global leadership position, and now has more than 200 global customers to establish a sales relationship.

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