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FINWIRES

Wiwynn Buys Business-Use Equipment Worth $114 Million in Three Deals

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Wiwynn (TPE:6669) agreed to acquire business-use equipment in separate deals, with two totaling about $114.2 million and the third deal valued at NT$1.07 billion, according to Friday Taiwan bourse filings.

The company agreed to acquire equipment from Air Matrix Sales for $19.6 million.

Its unit, Wiwynn Mexico, agreed to acquire equipment from Fluidos y Tecnologia for $94.6 million.

Meanwhile, another unit, Wiwynn Smart Manufacturing agreed to acquire equipment from Panasonic Industrial Devices Sales for NT$1.07 billion.

All acquisitions are for operational purposes, the manufacturer of cloud infrastructure products said.

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