The layout of overseas three proposed $230 million "Hao purchase" GCS

An optoelectronic April 1st evening announcement said, according to the company's development strategy, the study board of directors decided to a wholly owned subsidiary of three integrated company according to the laws of the Cayman Islands set up a wholly owned subsidiary of its own monetary funds of $226 million for the acquisition of all shares (fully diluted by GCS100%, based entirely exercise to calculate) only to cope with the price, including (but not limited to) all have occurred in the common shares outstanding (included in the company's shares under the restricted share award), for all the outstanding convertible bonds conversion (or may convert) reserved will be issued shares, reserved for the company the outstanding options will be issued shares. The two sides signed the merger agreement and plan.

The data showed that GCS was founded in 1997 in California city of torun, Taiwan securities over-the-counter (TPEX) OTC listed (code 4991), mainly engaged in GaAs / InP / GaN high order RF and optoelectronic element compound semiconductor wafer foundry, Xiang Guanzhi Hui Property Licensing and advanced optoelectronic products research, development, manufacturing sales and service, full-service production from product concept, research and development, technology products to. In addition to its own process technology, GCS also provides the entire plant input services, including the transfer of process technology, verification, product trial production to mass production services. A wide range of end use products, including communications, electricity, medical, industrial and aviation. The combination produced for wireless communication market integrated circuit (RFIC) and millimeter wave integrated circuits, power devices for power electronic market, and through the optical fiber used in optical fiber communication of photoelectric detectors and lasers, two major product lines to distinguish in the RF foundry, end use products mainly used in the amplifier, voltage controlled oscillator, RF switch and RF components required power of mobile communication base station RF and related infrastructure, in a foundry, the product end use for telecommunications networks, data networks, fiber users and other related devices. Through nearly twenty years of technology accumulation, GCS has a complete advanced process, technology ahead of the same industry.

The announcement also said that this investment with GCS in line with the company's development plan, after the completion of the merger, can quickly drive three technology and capacity complementary services across the RF communication and optical communication components technology and patent platform, advanced international management concept, the vast international network of customers and the company's existing industry, as the company rapidly integrated circuit the technical ability, expand the scope of new business and explore the overseas market to provide a strong guarantee; is conducive to speed up the development process of the company's integrated business, expand the business scope and scale, improve the company's profitability, enhance the company's core competitiveness.

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