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Chinese printing technology firm Apexmic bags $488m strategic investment led by ICF

Twelve investors including Zhuhai Gree Financial Investment Management, Goldstone , and Hengqin Financial Investment also invested.

  • Besides ICF II, Apexmic has roped in 12 investors for the deal including Gree Electric Appliance’s investment arm Zhuhai Gree Financial Investment Management, Goldstone Investment, Hengqin Financial Investment, and others.
  • Upon completion of the transaction, Ninestar will remain the controlling shareholder in Apexmic with around 83. 2 per cent stake.
  • Set up in 2004 and located in Southeast China’s Zhuhai city, Apexmic is a provider of integrated circuit chips based on novel technologies such as CPU design and multi-core SoC chip design.

DEALSTREETASIA.COM16 Dec, 2020

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