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Liandong Technology Acquires Chip Tester Northstar for $10 Million on July 3

2026-07-04 02:31:02

According to Security Times, Liandong Technology, a Shenzhen-listed Chinese semiconductor test equipment maker, agreed to acquire 100% of Northstar Technologies Limited for $10 million in cash on July 3. The wholly owned subsidiary Hong Kong Liandong Technology Industrial Limited will execute the transaction. Northstar's products and engineering team will expand Liandong's semiconductor test equipment offerings to include storage testing, complementing its existing power device, mixed-signal chip, and system-on-chip products. The deal uses a locked-box pricing structure based on April 30, 2026, with $2 million set aside in a third-party account for four months to cover potential claims.

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