Semiconductor’s Acquisition Of Omni Vision Research On The Motivation And Performance Of Will

Mergers and acquisitions is an efficient way for a company to master advanced technology,integrate high-quality resources,enhance its comprehensive strength and expand its market share.With the widespread application of 5G communication technology,the demand for semiconductors is gradually increasing.China is the world’s largest consumer of electronic products,with a vast semiconductor sales market and a huge semiconductor manufacturing cluster,but it still lacks capabilities in the field of semiconductor research and development.This article selects the third largest semiconductor mergers and acquisitions case in China and the ninth largest in the world: the case of Will Semiconductor’s acquisition of Omni Vision.Omni Vision is the third-ranked manufacturer in the CMOS field,and Omni Vision is also the leader of most mobile phone manufacturers in Chinese CMOS chip supplier.The success of this merger to a certain extent means the improvement of domestic CMOS chip technology,and also represents the rise of domestic semiconductors.This article will deeply analyze the motives and merger performance of Will Semiconductor.This paper firstly sorts out and researches the literature on mergers and acquisitions at home and abroad,and then summarizes the basic situation of the two parties and the process of mergers and acquisitions,and analyzes the reasons for the merger and acquisition of Will Semiconductor.The research on the merger and acquisition performance of Will Semiconductor firstly analyzes the short-term market reaction,then analyzes the synergies brought about by the acquisition based on financial indicators,and finally analyzes the research and development capabilities and customer structure of Will Semiconductor after the acquisition based on non-financial indicators.Through the analysis,it is concluded that the acquisition of Will Semiconductor is relatively successful,and the reasons for the acquisition are basically realized.After the acquisition of Omni Vision,the market has responded well,synergies,especially operational synergies and financial synergies,have been brought into full play,the company’s innovation and research and development capabilities have been improved,and many high-quality customer groups of the acquired companies have been acquired.Through the in-depth study of the case of Will Semiconductor’ merger and acquisition of Omni Vision,we strive to provide reference for other semiconductor companies’ mergers and acquisitions.