OmniVision to be Acquired by Hua Ca

OmniVision to be Acquired by Hua Capital Management, CITIC Capital and GoldStone Investment for $29.75 per share in Cash
Transaction Values OmniVision at Approximately $1.9 Billion

SANTA CLARA, CA – April 30, 2015 – OmniVision Technologies, Inc. (OVTI), a leading developer of advanced digital imaging solutions, today announced that it has entered into a definitive agreement to be acquired by a consortium composed of Hua Capital Management Co., Ltd. (“Hua Capital Management”), CITIC Capital Holdings Limited (“CITIC Capital”), and GoldStone Investment Co., Ltd. (“GoldStone Investment”) (collectively, the “Consortium”). Under the terms of the agreement, OmniVision stockholders will receive $29.75 per share in cash, or a total of approximately $1.9 billion. The agreement was unanimously approved by OmniVision’s Board of Directors.

“We are pleased to have reached this agreement, which we believe realizes significant value for our stockholders and offers new opportunities for our employees to develop more innovative solutions for customers.” said Shaw Hong, chairman and CEO of OmniVision. “Our Board unanimously concluded that partnering with Hua Capital Management, CITIC Capital and GoldStone Investment was the best choice for OmniVision, as this transaction will provide our stockholders with significant and immediate cash value. Further, Hua Capital Management, CITIC Capital and GoldStone Investment are highly regarded China-based private equity firms with deep experience in the semiconductor industry. With our new partners’ knowledge and insight and the added flexibility that we will have as a private company, OmniVision will be able to focus on reaching the next level of growth, which will benefit our employees, customers and business partners.”

“We are excited to partner with OmniVision as they embark on this next phase of growth,” said Yue Liu, a managing director at Hua Capital Management. “The world-class management team and employees of OmniVision have built a global leader in digital imaging that is well-positioned to capitalize on fast growing market opportunities in automotive, security, entertainment, and the Internet-of-Things while continuing to expand their market leadership in mobile phones. We believe our unique industry knowledge and operational expertise can help accelerate OmniVision’s presence both in China and globally.”

“We are very pleased to be making this investment and are excited about the opportunity to work with OmniVision’s outstanding management team. With the strong backing of the consortium and the leadership of the company’s management, we believe OmniVision will continue to be well-positioned to achieve significant growth through its innovative and superior digital imaging technologies and its commitment to building long-term success,” said Yichen Zhang, Chairman and CEO of CITIC Capital.

OmniVision CEO Shaw Hong is expected to remain with OmniVision in the same capacity. The transaction, which is expected to close in the third or fourth fiscal quarter of fiscal year 2016, is subject to approval by OmniVision stockholders, regulatory approvals, including antitrust review in the U.S. and the People’s Republic of China, review and clearance by the Committee on Foreign Investment in the U.S., clearance or approval under applicable Taiwan law, and other customary closing conditions. In order to obtain clearance or approval under applicable Taiwan law, OmniVision will divest certain of its investments in Taiwan, including certain of its interests in a joint venture.

J.P. Morgan Securities LLC is serving as financial advisor to OmniVision, and Wilson Sonsini Goodrich & Rosati, Professional Corporation is serving as legal advisor. Grandall Law Firm is serving as PRC legal counsel to OmniVision. BofA Merrill Lynch is serving as financial advisor to the Consortium, and Gibson, Dunn & Crutcher LLP is serving as legal advisor to the Consortium. China International Capital Corporation Limited is serving as domestic financial advisor, and Zhong Lun Law Firm is serving as domestic legal counsel. In addition, Cleary Gottlieb Steen & Hamilton LLP and Skadden, Arps, Slate, Meagher & Flom LLP are serving as legal advisors to the Consortium. Bank of China is acting as mandated lead arranger and China Merchants Bank is acting as lead arranger on the financing, with Bank of China also acting as sole and exclusive bookrunner in respect of the facilities granted under the financing.

結果 (繁體中文) 1:

豪威被收購華資本管理公司、 中信資本和金石投資為 29.75 美元每股的現金交易值豪威在大約 $ 19 億加利福尼亞州聖克拉拉 — — 2015 年 4 月 30 日 — — 豪威科技公司 (OVTI)，先進的數位成像解決方案，領先開發商今天宣佈它已進入最終的協定，由華資本管理有限公司 ("華資本管理"） 組成的財團收購中信資本控股有限公司 ("中信資本"），和金石投資有限公司 ("金石投資") (統稱"集團")。根據協定 》 的條款，豪威股東將獲得每股 29.75 美元現金，或總共大約 $ 19 億。協定 》 一致批准了豪威的董事會。"我們很高興能夠達成這個協定，我們相信實現顯著的價值為我們的股東，並提供新的機會，為我們的員工為客戶開發更多創新的解決方案"表示 Shaw Hong，董事長兼首席執行官豪威。"我們的董事會一致得出結論與華資本管理公司的合作中, 信資本和金石投資豪威，最好的選擇，這筆交易將為我們的股東帶來重大和最直接的現金價值。此外，華資本管理公司、 中信資本和金石投資是推崇基於中國的私募股權公司在半導體工業中深有體會。與我們的新夥伴的知識和洞察力和更大的靈活性，我們將作為一家私營公司，豪威將能把重點放在實現增長，這將有利於我們的員工、 客戶和業務合作夥伴的下一級。"我們很高興能搭檔豪威，當他們踏上這下一階段的增長，"岳劉說，在華資本管理公司的董事總經理。"世界一流的管理團隊和員工豪威製造良好定位，利用快速增長的市場機會，在汽車、 保安、 娛樂和物聯網的同時，繼續擴大其市場領導地位的手機的數位成像技術的全球領先者。我們相信我們獨特的行業知識和業務專長可以説明加快在中國和全球的豪威的存在"。"我們很高興能作出這項投資，並對機會和豪威的優秀的管理團隊一起工作感到興奮。該財團的堅強後盾與公司管理層的領導，我們相信豪威將繼續以有利位置，可實現顯著的增長，通過其創新和卓越的數位成像技術並致力於建設長期的成功，"說張懿宸董事長兼首席執行官中信資本。首席執行官豪威 Shaw Hong 預計將保持與豪威在相同的容量。交易預計將在 2016年財政年的第三或第四財季結束，是由豪威股東、 監管機構的批准，在美國、 中國、 審查和由美國外國投資委員會的間隙、 間隙或根據可適用的臺灣法律批准的中華人民共和國和其他慣例成交條件包括反壟斷審查批准。為了獲得批准或核准根據適用臺灣法律，豪威將剝奪某些其投資在臺灣，包括某些在一家合資企業的利益。J.P.摩根證券有限責任公司擔任金融顧問豪威和 Wilson 羅沙和羅薩蒂，專業公司擔任法律顧問。國浩律師事務所擔任豪威中華人民共和國法律顧問。美國銀行美林證券擔任財務顧問向上述財團和吉布森、 鄧恩及克拉徹律師事務所擔任法律顧問給財團。國內的財務顧問，擔任中國國際資本有限公司和中倫金通律師事務所服務作為國內法律顧問。此外，佳利戈特利布斯蒂恩和漢密爾頓律師事務所和世達、 Arps、 石板、 米格 Flom 律師事務所擔任法律顧問給財團。中國央行是作為授權的牽頭，招商銀行作為帶領編曲的融資，與中國的銀行還擔任獨家簿記管理人在設施方面授予下的融資。

結果 (繁體中文) 3:

歐姆尼圖像公司將獲得的資金管理、華中信公司投資資本和戈德斯通為29.75美元,每股現金
交易價值歐姆尼圖像公司約19億元

實際聖克拉拉,CA-30日,2015-歐姆尼圖像公司技術公司(ovti)、一個領先開發商的先進數碼影像解決方案,今天宣布,它已進入一個明確的協議,將由一個財團收購組成的華資本管理公司(“華資本管理")中信資本控股有限公司(下稱"中信資本")和Goldstone投資有限公司(下稱"投資")戈德斯通(統稱"財團")。 根據該協議的條款,歐姆尼圖像公司股東將獲得29元。