Faraday Technology Acquires Aragio Solutions for $20M
October 4, 2024
Taiwan-based Faraday Technology acquired Dallas-area IP supplier Aragio Solutions for $20 million through its wholly owned vehicle Sheng Bang Investment Corporation. The purchase gives Faraday access to Aragio’s silicon-proven semiconductor IP across multiple foundries while preserving Aragio’s existing leadership and operational autonomy.
- Buyers
- Faraday Technology, Sheng Bang Investment Corporation
- Targets
- Aragio Solutions
- Industry
- Engineering Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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