Brief: Pixelworks Announces Strategic Equity Investment In Shanghai Subsidiary

Pixelworks

28/12/2022 12:19

Dec 28 (Reuters) - Pixelworks Inc  PXLW.O :
    * PIXELWORKS ANNOUNCES STRATEGIC EQUITY INVESTMENT IN
SHANGHAI
SUBSIDIARY
    * PIXELWORKS INC - REAFFIRMS REVENUE GUIDANCE FOR Q4 2022
    * PIXELWORKS -CO'S UNIT ENTERED INTO AGREEMENT WITH PRIVATE
EQUITY, STRATEGIC INVESTORS BASED IN CHINA, AS WELL AS WITH
ENTITIES OWNED BY PWSH EMPLOYEES
    * PIXELWORKS  - FOLLOWING ANTICIPATED CLOSING OF THESE
TRANSACTIONS, PIXELWORKS, INC. WILL CONTINUE TO HOLD AN ABOUT
78.2% EQUITY INTEREST IN PWSH

Source text for Eikon:  ID:nPnD4CG1a 
Further company coverage:  PXLW.O 
 ((Reuters.Briefs@thomsonreuters.com;))