Flexible Electronics News

Japan South East Asia Growth Fund Acquires AdvanIDE

AdvanIDE provides semiconductors for the smart card and RFID industry.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

AdvanIDE, Advanced ID Electronics, was acquired Aug. 11, 2017 by a Japanese-based joint venture fund.The buyer, The Japan South East Asia Growth Fund L.P., is managed by investment bank, RISA Partners Inc., and the government-owned Development Bank of Japan Inc.   AdvanIDE’s headquarters and service center are located in Singapore, and its subsidiaries are based in the U.S. (AdvanIDe Americas Inc. in Natick, Mass.), Germany (AdvanIDe Europe GmbH), Beijing and Mumbai.   AdvanIDE provides semi...

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