Pixelworks Announces Definitive Agreement to Sell Shanghai Subsidiary to VeriSilicon for $133 Million

Reuters10-15

Pixelworks Announces Definitive Agreement to Sell Shanghai Subsidiary to VeriSilicon for $133 Million

Pixelworks, Inc. has signed a definitive agreement to sell its shares in its Shanghai-based subsidiary, Pixelworks Semiconductor Technology (Shanghai) Co., Ltd., to a special purpose entity led by VeriSilicon Microelectronics (Shanghai) Co., Ltd. The transaction values Pixelworks Shanghai at approximately RMB 950 million, or about $133 million USD. After accounting for certain share transfers, transaction costs, and withholding taxes, Pixelworks expects to receive between $50 million and $60 million in cash upon closing. The deal is expected to be completed by the end of 2025, following shareholder approval and customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pixelworks Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA97082) on October 15, 2025, and is solely responsible for the information contained therein.

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The transaction values Pixelworks Shanghai at approximately RMB 950 million, or about $133 million USD. After accounting for certain share transfers, transaction costs, and withholding taxes, Pixelworks expects to receive between $50 million and $60 million in cash upon closing. The deal is expected to be completed by the end of 2025, following shareholder approval and customary closing conditions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pixelworks Inc. published the original content used to generate this news brief via PR Newswire (Ref. 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The transaction values Pixelworks Shanghai at approximately RMB 950 million, or about $133 million USD. After accounting for certain share transfers, transaction costs, and withholding taxes, Pixelworks expects to receive between $50 million and $60 million in cash upon closing. The deal is expected to be completed by the end of 2025, following shareholder approval and customary closing conditions.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pixelworks Inc. published the original content used to generate this news brief via PR Newswire (Ref. 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