2.5 billion euros to buy Philips lighting? Crystal Energy Optoelectronics denied
[Text|High-tech LED reporter Wen Zhao] According to a Reuters report on March 11, three people familiar with the matter said that a consortium of private equity firms CVC and KKR had the highest offer in the Philips lighting component business, but the competition Opponent Bain Capital may still raise its offer.
On March 16th, domestic media further exposed the news that "LED's big coffee' crystal energy optoelectronics wants to buy Philips lighting at a high price of 2.5 billion euros." The article said that the sale of Philips lighting business has a surprising turn, China LED Enterprise Crystal Neng Optoelectronics cooperated with investment company GSR Ventures and Singapore National Fund Temasek to express their interest in the matter. They submitted their quotations at the last minute, one source said. He added that the price of Jingneng Optoelectronics should be competitive, otherwise the chances of winning in this auction stage will be very low. “It seems that the Chinese have joined the competition, but it is still unclear how big their odds are.â€
To this end, "High-tech LED" reporter conducted a verification, the person in charge of Jingneng Optoelectronics said, "I have already seen the report, and now we can confirm that we have not made an acquisition." When the reporter asked if Jingneng participated At the time, an insider knew that it was not clear about this.
In addition, through interviews and inquiries, the reporter did not get evidence to prove the reliability of the article "LED's big coffee crystals want to buy Philips lighting at a high price of 2.5 billion euros." So, where did this news come from?
Opened Jingneng Optoelectronics official website, the reporter found that under the investor's page, GSR Ventures is indeed one of its investors, perhaps this is also the source of rumors.
On September 23 last year, Philips issued a statement saying that it decided to set up two independent companies, each focusing on health technology and lighting solutions. In addition, Philips has begun to initiate processes to prepare the lighting business as an independent legal entity and will consider multiple options for its ownership structure, allowing it to finance directly into the capital markets. Subsequently, a number of investment institutions showed strong interest in this, giving a market value of around $2.5-300 million.
The relevant person in charge of Philips expressed the hope that the asset will be sold at the best price through bidding. The valuation of the business is about 2.5 billion euros. The details are not convenient for further disclosure. As of press time, representatives of companies such as CVC, KKR, BainCapital, GSR, Temasek and Morgan Stanley have yet to respond.
In the event of further events, "High-tech LED" will continue to track reports!
3.Tight Impedance control
4.Used in Automotive, Radar, CAR to CAR communication, Distance Assistance, Active Drive Systems
We say high frequency ,also like RF PCB and Microwave PCB as they are special material too,not usual FR4 .We have Taconic,Rogers,F4B,F4BM.PTFE material in stock.With this,we can do your special boards quick turn.Unlike other suppliers need long time to purchase material.
On March 16th, domestic media further exposed the news that "LED's big coffee' crystal energy optoelectronics wants to buy Philips lighting at a high price of 2.5 billion euros." The article said that the sale of Philips lighting business has a surprising turn, China LED Enterprise Crystal Neng Optoelectronics cooperated with investment company GSR Ventures and Singapore National Fund Temasek to express their interest in the matter. They submitted their quotations at the last minute, one source said. He added that the price of Jingneng Optoelectronics should be competitive, otherwise the chances of winning in this auction stage will be very low. “It seems that the Chinese have joined the competition, but it is still unclear how big their odds are.â€
To this end, "High-tech LED" reporter conducted a verification, the person in charge of Jingneng Optoelectronics said, "I have already seen the report, and now we can confirm that we have not made an acquisition." When the reporter asked if Jingneng participated At the time, an insider knew that it was not clear about this.
In addition, through interviews and inquiries, the reporter did not get evidence to prove the reliability of the article "LED's big coffee crystals want to buy Philips lighting at a high price of 2.5 billion euros." So, where did this news come from?
Opened Jingneng Optoelectronics official website, the reporter found that under the investor's page, GSR Ventures is indeed one of its investors, perhaps this is also the source of rumors.
On September 23 last year, Philips issued a statement saying that it decided to set up two independent companies, each focusing on health technology and lighting solutions. In addition, Philips has begun to initiate processes to prepare the lighting business as an independent legal entity and will consider multiple options for its ownership structure, allowing it to finance directly into the capital markets. Subsequently, a number of investment institutions showed strong interest in this, giving a market value of around $2.5-300 million.
The relevant person in charge of Philips expressed the hope that the asset will be sold at the best price through bidding. The valuation of the business is about 2.5 billion euros. The details are not convenient for further disclosure. As of press time, representatives of companies such as CVC, KKR, BainCapital, GSR, Temasek and Morgan Stanley have yet to respond.
In the event of further events, "High-tech LED" will continue to track reports!
High Frequency PCB
High frequency PCB also called HF PCB.The RF frequency range is typically from 500 MHz to 2 GHz, and designs above 100 MHz are considered RF. The microwave frequency range is anything above 2 GHz. There`s a considerable difference between RF and microwave circuits versus typical digital and analog circuits. In essence, RF signals are very high frequency analog signals. Therefore, unlike digital, at any point in time an RF signal can be at any voltage and current level between minimum and maximum limits. We have much experience in this filed,up to 60 GHz PCB we made.
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4.Used in Automotive, Radar, CAR to CAR communication, Distance Assistance, Active Drive Systems
We say high frequency ,also like RF PCB and Microwave PCB as they are special material too,not usual FR4 .We have Taconic,Rogers,F4B,F4BM.PTFE material in stock.With this,we can do your special boards quick turn.Unlike other suppliers need long time to purchase material.
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