The Dutch government has approved the acquisition of chipmaker Nowi Energy by Chinese-owned Nexperia, following a probe on national security grounds. The approval allows Nexperia to proceed with the takeover, marking a significant development in the tech industry. Additionally, Huawei has entered a long-term cross-licensing patent agreement with Japan's Sharp Corp, expanding its list of similar deals with global tech giants such as Xiaomi and Ericsson.
Nowi Takeover: Nexperia Cleared to Acquire Dutch Chipmaker https://t.co/GSTib8Gffh
Huawei has struck a long-term cross-licensing patent agreement with Japan’s Sharp Corp., adding to its growing list of similar deals inked with global tech giants such as Xiaomi and Ericsson. https://t.co/Wp2Vwq20fQ
Netherlands to allow takeover of chip startup Nowi by Chinese-owned Nexperia https://t.co/MKtQ5Z1fOm https://t.co/h2gL6FRtAL
Netherlands Backs Chinese-Owned Nexperia’s Takeover of Chip Firm - BBG https://t.co/vcKlcEb16D
Chinese-owned Nexperia’s acquisition of chipmaker Nowi Energy win approval from the Dutch government which has been probing it on national security grounds, sources say https://t.co/d8DX1pGpbb