Pixelworks, Inc. finalized the sale of Pixelworks Semiconductor Technology (Shanghai) Co., Ltd. to Tiansui Xinyuan Technology (Shanghai) Co., Ltd.
The sale resulted in Pixelworks and its subsidiaries no longer holding any equity interest in Pixelworks Shanghai
The purchase price for the sale was based on an equity value of $135 million as of January 6, 2026
Sale Details
The sale involved the disposal of all shares in Pixelworks Shanghai to Tiansui Xinyuan Technology for $135 million
Transaction Costs
After transaction costs and taxes, Pixelworks received approximately $51.0 million from the sale
Classification Change
The sale is expected to meet the criteria for being classified as 'held for sale' and a discontinued operation
- The sale of Pixelworks Shanghai will have a significant impact on Pixelworks' financial statements and operations
- The company expects the sale to help streamline its focus and potentially improve financial performance in the future
Pixelworks' sale of its subsidiary in Shanghai marks a strategic shift for the company as it aims to optimize its operations and financial position. The proceeds from the sale will provide a financial boost and reshape Pixelworks' business strategy moving forward.