OmniVision Technologies Inc
OmniVision Technologies Inc. and Will Semiconductor Co. Ltd formed a relationship so discreetly that it took an entire year for the public to learn about it. They had already completed deals totaling over $2.1 billion when the scandal broke in April 2019. We don’t know a lot of the facts around the sale because they kept things so low-key. We do know, however, that OmniVision began talking to Chinese investors in 2015. Around the same time, a group of Chinese firms teamed up to buy the California-based firm for $1.9 billion. People are still perplexed as to why an unknown Chinese firm, Will Semiconductor Co. Ltd opted to take it over.
Baby Trend Inc
This baby goods firm, based in Fontana, California, sells everything from car seats to high chairs to diaper pails. It continued to grow throughout time, especially when it was bought by the Alpha Group of China. Alpha Group Vice-President Wang Jing stated, “We are thrilled to offer safe, educational, and entertaining solutions to newborns and their caretakers throughout the world.” “By acquiring Newborn Trend, we will be able to introduce our cutting-edge technology and excellent intellectual assets to a whole new sector while displaying our worldwide experience in the baby and infant market.”