Today, it is reported that Ziguang Group is considering selling its French chip manufacturer Linxens.In this regard, some reporters verified from Ziguang Group and learned that Ziguang Group was indeed considering selling its French chip manufacturer Linxens.According to a person close to Ziguang Group, Ziguang Group is considering a variety of options, IPOs or selling some of the equity or all equity, it is reported that the valuation is far exceeding 1 billion euros.

According to previous reports, people familiar with the matter said that after receiving someone's interest in Linxens, Ziguang Group has been communicating with potential financial consultants. Linxens's valuation may be from 2 billion euros ($ 2.2 billion) to 3 billion euros. between.In addition, in addition to considering the sale of Linxens, the group also has the idea of ​​the first publicly issued (IPO) of the main chip manufacturing subsidiary, the main chip manufacturing subsidiary.

It is understood that private equity companies and other companies in the industry have already shown their interest in acquiring Linxens, but these considerations are only preliminary, and Ziguang Group may not be sold in the end.

Last year, Ziguang Group experienced difficult reorganization. It was consolidated by Beijing Zhilu Asset Management Co., Ltd. (referred to as Zhilu Capital) and Beijing Jianguang Asset Management Co., Ltd. (referred to as Jianguang Assets) as a leading party. Furniture is substantially combined with strategic investors.

Ziguang Group acquired Linxens from the hands of CVC Capital Partners, a private equity company in 2018.According to its official website, Linxens designed and manufactured for smart cards and wireless radio frequency recognition system (RFID) antenna miniature connections for data security, identity recognition and the Internet of Things.

Linxens has many years of experience accumulation in intelligent security chip microcontrollers, RFID embedded and antenna, and has operating entities in France, Germany, Singapore, Thailand, China and other countries.

LINXENS's intelligent security chip micro -connector product has a leading market status and market share. It can be widely used in products such as SIM cards, banking cards, transportation cards, etc., involving telecommunications, transportation, hotels, financial services, electronic government affairs, IoT and other fields. EssenceIt claims that more than 80%of people around the world use products provided by Linxens.

*Disclaimer: The news of this article originated from the Science and Technology Board Daily and the Core List. It was compiled by Huaqiang Microelectronics. The news was only for communication and learning without official confirmation.