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Empyrean Technology Plans to Acquire 6.90% Stake in X-Epic for 149 Million Yuan
Empyrean Technology announced that it plans to invest 149 million yuan to acquire 9.269142 million shares of X-Epic held by Shengshi Zhida. Upon completion of the transaction, Empyrean Technology will hold a 6.90% equity stake in X-Epic, making it an associated company. The company said the investment aims to fill a key gap in placement and routing EDA tools and accelerate the construction of a full-flow EDA tool system for digital circuit design.
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301269.CS · Capital · Positive Empyrean plans to invest 149 million yuan for a 6.90% stake in X-Epic, making it an associated company.
芯行纪科技股份有限公司 · Capital · Positive X-Epic gains Empyrean as a 6.90% shareholder via the 149 million yuan stake purchase.
盛世智达 · Capital · Neutral Shengshi Zhida is the seller of 9.269142 million X-Epic shares to Empyrean for 149 million yuan.