Acquiring Company
Foxconn Assembly Holding
Acquired Company
Q-Edge Corporation
Description
Foxconn Assembly Holding Corp., a subsidiary of Hon Hai Precision Industry Co., is acquiring 18,800,000 shares of Q-Edge Corporation for a total of USD 188 million. This acquisition is part of Foxconn's strategy for long-term investment. The transaction was approved by the board of directors. Following this transaction, Foxconn will hold a 100% stake in the target company.
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Based on deal dataFrequently asked
Who acquired Q-Edge Corporation?
Q-Edge Corporation was acquired by Foxconn Assembly Holding, based in Taiwan. The deal was reported on August 21, 2026. Foxconn Assembly Holding Corp. is a subsidiary of Hon Hai Precision Industry Co. specializing in electronic manufacturing services. The company is known for assembling various electronic devices for major global brands. Foxconn Assembly Holding is privately held and operates in Manufacturing.
When did Foxconn Assembly Holding acquire Q-Edge Corporation?
Foxconn Assembly Holding's acquisition of Q-Edge Corporation was reported on August 21, 2026. Foxconn Assembly Holding Corp., a subsidiary of Hon Hai Precision Industry Co., is acquiring 18,800,000 shares of Q-Edge Corporation for a total of USD 188 million. This acquisition is part of Foxconn's strategy for long-term investment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Q-Edge Corporation do?
Q-Edge Corporation is a company engaged in providing advanced technologies and solutions in various sectors. The specifics of its operations and market presence are not detailed. The company aims to push the boundaries of technology integration. It is privately held, operating in Artificial Intelligence, and is based in Bahamas.
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