Pateo Connect Technology Eyes Controlling Stake in High-Performance Chipmaker

MT Newswires Live06-03 09:40

Pateo Connect Technology (Shanghai) (HKG:2889) signed a non-binding memorandum of understanding to acquire a controlling stake in a high-performance communication chip designer, according to a Tuesday Hong Kong bourse filing.

The proposed acquisition will be conducted jointly with a fund managed by Ping An Capital, with the size of the stake and consideration yet to be determined.

The target develops high-speed optoelectronic chips, high-performance analog chips, and related modules used in AI data centers, and generated about 310 million yuan in revenue in 2025.

Pateo said the deal would support its expansion into the upstream chip sector and strengthen its integrated "software-hardware-chip-cloud" strategy.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2640927121?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-03 09:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2640927121","market":"nz","top_or_hot":-1,"title":"Pateo Connect Technology Eyes Controlling Stake in High-Performance Chipmaker","media":"MT Newswires Live","content":"<html><body><p> Pateo Connect Technology (Shanghai) (HKG:2889) signed a non-binding memorandum of understanding to acquire a controlling stake in a high-performance communication chip designer, according to a Tuesday Hong Kong bourse filing.</p><p>The proposed acquisition will be conducted jointly with a fund managed by <a href=\"https://laohu8.com/S/000001\">Ping An</a> Capital, with the size of the stake and consideration yet to be determined.</p><p>The target develops high-speed optoelectronic chips, high-performance analog chips, and related modules used in AI data centers, and generated about 310 million yuan in revenue in 2025.</p><p>Pateo said the deal would support its expansion into the upstream chip sector and strengthen its integrated \"software-hardware-chip-cloud\" strategy.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pateo Connect Technology Eyes Controlling Stake in High-Performance Chipmaker</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPateo Connect Technology Eyes Controlling Stake in High-Performance Chipmaker\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-06-03 09:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Pateo Connect Technology (Shanghai) (HKG:2889) signed a non-binding memorandum of understanding to acquire a controlling stake in a high-performance communication chip designer, according to a Tuesday Hong Kong bourse filing.</p><p>The proposed acquisition will be conducted jointly with a fund managed by <a href=\"https://laohu8.com/S/000001\">Ping An</a> Capital, with the size of the stake and consideration yet to be determined.</p><p>The target develops high-speed optoelectronic chips, high-performance analog chips, and related modules used in AI data centers, and generated about 310 million yuan in revenue in 2025.</p><p>Pateo said the deal would support its expansion into the upstream chip sector and strengthen its integrated \"software-hardware-chip-cloud\" strategy.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"USD","symbol_name":"ProShares Ultra Semiconductors","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2640927121","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640927121","pubTimestamp":1780450800,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Pateo Connect Technology   signed a non-binding memorandum of understanding to acquire a controlling stake in a high-performance communication chip designer, according to a Tuesday Hong Kong bourse filing.The proposed acquisition will be conducted jointly with a fund managed by Ping An Capital, with the size of the stake and consideration yet to be determined.The target develops high-speed optoelectronic chips, high-performance analog chips, and related modules used in AI data centers, and generated about 310 million yuan in revenue in 2025.Pateo said the deal would support its expansion into the upstream chip sector and strengthen its integrated \"software-hardware-chip-cloud\" strategy.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"USD":"ProShares Ultra Semiconductors","SSG":"Proshares Ultrashort Semiconductors","SMH":"半导体指数ETF-HOLDRs","BK4585":"ETF&股票定投概念","FTXL":"First Trust Nasdaq Semiconductor ETF","CHPS":"XTRACKERS SEMICONDUCTOR SELECT EQUITY ETF","02889":"博泰车联","SOXL":"三倍做多半导体ETF-Direxion Daily","SMHX":"VanEck Fabless Semiconductor ETF","CHPY":"YieldMax Semiconductor Portfolio Option Income ETF","BK1144":"机动车零配件与设备","SOXQ":"Invesco PHLX Semiconductor ETF","BK4588":"碎股","SOXS":"三倍做空半导体ETF-Direxion Daily","BK4535":"淡马锡持仓","TEKX":"SPDR Galaxy Transformative Tech Accelerators ETF","XSD":"SPDR S&P Semiconductor ETF","PSI":"INVESCO SEMICONDUCTORS ETF","SOXX":"iShares费城交易所半导体ETF","SOXY":"YieldMax Target 12 Semiconductor Option Income ETF"},"translate_title":"博泰互联科技着眼于高性能芯片制造商的控股权","themeId":"f6f7c9f6a0174df79daf9f1dfd21f836","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/535790f92f4b5124d1b5e280db7c13ad","symbols_score_info":{"SOXQ":0.61,"SOXL":0.61,"XSD":0.61,"SMHX":0.61,"FTXL":0.61,"SOXY":0.61,"SMH":0.61,"SSG":0.61,"02889":1,"SOXS":0.61,"USD":0.61,"PSI":0.61,"SOXX":0.61,"CHPS":0.61,"TEKX":0.61,"CHPY":0.61},"content_text":"Pateo Connect Technology (Shanghai) (HKG:2889) signed a non-binding memorandum of understanding to acquire a controlling stake in a high-performance communication chip designer, according to a Tuesday Hong Kong bourse filing.The proposed acquisition will be conducted jointly with a fund managed by Ping An Capital, with the size of the stake and consideration yet to be determined.The target develops high-speed optoelectronic chips, high-performance analog chips, and related modules used in AI data centers, and generated about 310 million yuan in revenue in 2025.Pateo said the deal would support its expansion into the upstream chip sector and strengthen its integrated \"software-hardware-chip-cloud\" strategy.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2640927121","isCrawlerRequest":true}