Himax Technologies announced that a third-party semiconductor company will acquire its startup investee for $80 million in cash.
Himax currently holds approximately 31% of the startup's fully diluted equity.
The company expects to realize a pre-tax gain between $23 million and $24 million from the disposal.
Final figures remain subject to adjustments for net working capital and net cash at the time of closing.
The transaction is scheduled to close in the fourth quarter of 2026, pending regulatory approvals and customary conditions.