Brief: Canaan Enhances Its AI Business Through Investment In Visual Solution Provider

Pixelworks

11/08/2021 12:21

Aug 11 (Reuters) - Canaan Inc  CAN.O :
    * CANAAN INC - THROUGH UNIT ENTERED INTO AGREEMENT WITH
PIXELWORKS
SEMICONDUCTOR TECHNOLOGY (SHANGHAI) CO., LTD. A SUBSIDIARY OF
PIXELWORKS INC
    * CANAAN INC - AGREEMENT TO INVEST ABOUT US$3.1 MILLION IN
CASH IN
EXCHANGE FOR AN EQUITY INTEREST IN PIXELWORKS SEMICONDUCTOR
TECHNOLOGY

Source text for Eikon:  ID:nPn9cCT9va 
Further company coverage:  CAN.O 

 ((Reuters.Briefs@thomsonreuters.com;))