Shulou(Shulou.com)12/24 Report--

On November 28, CTOnews.com reported that Anshi Semiconductor acquired Nowi in 2022 for an undisclosed amount. The deal has now been approved by the Dutch government, which has been investigating it on national security grounds.

In May 2023, the Dutch government conducted a retrospective review of the transaction on the grounds that it was "related to national security". The Dutch government said on Monday that it would not block Anshi's acquisition of Dutch chip start-up Nowi after a review.

"there is no legal objection to Nexperia's acquisition of Nowi," Micky Adriaansens, the Dutch minister of economic affairs, said in a letter to parliament. Subsequently, Nexperia issued a statement confirming the acquisition of Nowi.

CTOnews.com Inquiry found that Nowi was founded in Delft, the Netherlands, in 2016 and developed a new energy collection PMIC. The company was acquired by Anshi Semiconductor in November 2022. It is reported that the company has worked with Huawei and other companies, and later received a bid from Anshi Semiconductor.

Charles Smit, director of Nexperia in the Netherlands, said: "We are glad to have a clear answer after a period of uncertainty. This enables us to realize our ambitions and our plans in the area of energy efficiency in the Netherlands. We have always said that the technology of Nowi and Nexperia is harmless, and today's announcement confirms this. It is important to have a clear policy to strengthen the investment environment in the Netherlands. In these uncertain times, a transparent, fact-based dialogue between government and business is crucial. We will do our best. "

Simon van der Jagt, co-founder and former CEO of Nowi, said: "being able to leverage the production, sales and marketing infrastructure of large chipmakers enables us to bring products to market faster and thus have a greater impact. We share a common Dutch background and shoulder the mission of improving our capacity for sustainable development, and the combination of the two is perfect. Therefore, the team looks forward to further achieving our common goals in the coming years. "

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