Guoju said that the Investment Review Committee of the Ministry of Economic Affairs approved on the 26th that Guoju applied for the acquisition of American Pusi Electronics and its subsidiaries through its 100%-owned subsidiary PlutoMerger Corporation with its own foreign exchange of US$740 million.
In the breakdown, Guoju pointed out that it will increase its shareholding of US$740 million to its 100%-owned subsidiary Pluto Merger Corporation, of which approximately US$719.99 million will acquire US Pusi Electronics and its subsidiaries, and approximately 2,100. 4,000 US dollars to repay the borrows on the account and pay the financial consultants, lawyers, accountants and other related mergers and acquisitions.
Jiwei.com reported that on May 22, 2018, Guoju held an interim board of directors, announcing that it will acquire 100% equity of Pulse Electronics in the form of cash through 100% of its subsidiary Pluto Merger Corporation. It is 740 million US dollars.
Guoju said that the acquisition of Pusi Electronics will increase the Guoju product portfolio. In addition to providing complete passive components, it can also expand customers to provide electronic components such as wireless components, high-end transformers, and integrated connector modules. Frequency ceramic inductors, power supply and cable systems, etc., to increase the business scale and market visibility of the company in the US and Europe, strengthen the overall layout of the national giant in the automotive electronics and industrial specifications niche market, and through the country Judging the layout and sales channels of the global market, further expanding the scale of the operation of the electronic components of the company, and exerting synergies in technology, process and management.
It is understood that Pusi Electronics was founded in 1947 and is headquartered in San Diego, USA. Its main products are wireless components (such as 3D printed antennas, laser-shaped antennas and various antenna modules), high-end transformers, integrated connectors. Modules, high frequency ceramic inductors, power supplies and cable systems.
Pusi Electronics has long been working in the fields of wireless communication, network equipment, power management, automotive electronics and industrial specifications, and focuses on the development of advanced technologies such as 5G and EV (electric vehicles). It has several patents in the global region. US Oak Capital In April 2015, the investment company managed by Oaktree held the entire equity of Pusi Electronics through its investment fund, and in the same year, Pusi was applied for the market by the New York Stock Exchange and turned into a privatized company.
At present, Pusi Electronics' competitors are all international manufacturers, among which high-end transformer competitors are TDK, Delta and Sumida. The integrated connector competitors are Tyco, Molex and Amphenol, and the high-frequency ceramic resistor competitor is TDK. , Murata, wireless components, antenna components competitors Mitsubishi, Johanson and Jude, wireless module competitors are Amphenol and Speed.