LES EXCLUSIFS DE ZURICH FUND
SYMBOLESDE ZURICH FUND
Zurich Fund announced the completion of its acquisition
of ANNEX in an all-cash transaction. The acquisition,
originally announced on September 21, 2021, creates
the industry’s automotive semiconductor leader with
significantly expanded scale and the strongest portfolio
of leadership automotive.
Mergers & Acquisitions
Zurich Fund Completes Acquisition of ANNEX
• The total transaction has an equity valued of $5 billion.
• Transaction creates Automotive System on Chips leader.
• Annex Semiconductor to offer industry’s strongest portfolio of leadership automotive SoCs, ADAS, MCUs and image sensors to address approximately $85.5 billion market opportunity.
CHAIRMAN'S LETTER