Wednesday, September 23, 2020
M&A News

Goodix Closes Acquisition of Dream Chip Technologies

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Shenzhen Goodix Technology Co. Ltd., an integrated solution provider offering industry-leading software and hardware semiconductor solutions, today announced it has completed its acquisition of Dream Chip Technologies GmbH (DCT). The acquisition of DCT is a key step for Goodix in constructing diversified strategy and integrating global engineering talent.  DCT’s strong technologies, product offerings, and market penetration are a perfect match to Goodix’s innovative and fast-growing team, accelerating Goodix’s ability to rapidly deliver integrated solutions for smart mobile devices and automotive applications, serving an expanding worldwide customer base.

Recent design wins with Hyundai and Lynk & Co demonstrate strong consumer recognition of Goodix’s expansion into the automotive application market. With DCT’s strong focus on autonomous systems, the combined organizations will further strengthen Goodix’s technological capabilities in offering differentiated products to automobile customers worldwide. Specialized in the development of large SoCs, FPGAs, embedded software and systems, DCT’s world-class image signal processing team adds to Goodix’s arsenal of technologies, rounding-out a more complete and comprehensive R&D team. Their joined forces will enable enhanced and broadened offerings to the market of smart mobile devices.

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