50+ Businesses That Are Not American Anymore

Published on 10/22/2021
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OmniVision Technologies Inc

OmniVision Technologies Inc. and Will Semiconductor Co. Ltd. formed a partnership in such secrecy that it took over a year for the general public to learn about it. They had already completed transactions totaling more than $2.1 billion when the story first surfaced in April of this year. We don’t know a lot of the details about what happened during the transaction because they kept things so low-key.

OmniVision Technologies Inc

OmniVision Technologies Inc

We do know, however, that OmniVision began working with Chinese investors in 2015. We’ve never heard anything like this before. When a group of Chinese corporations formed a joint venture to buy the California-based company for $1.9 billion, the event occurred. People are still perplexed as to why Will Semiconductor Co. Ltd., a relatively unknown Chinese corporation, decided to buy the company.

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Baby Trend Inc

This baby goods company, based in Fontana, California, offers a wide range of products, from car seats to high chairs to diaper pails. It continued to grow exponentially over the years after being purchased by the Alpha Group, a Chinese company.

Baby Trend Inc

Baby Trend Inc

Wang Jing, Vice-President of the Alpha Group, expressed his enthusiasm for the prospect of providing safe, educational, and entertaining solutions to infants and their caregivers all over the world. Purchasing Baby Trend will allow us to integrate our unique technology and excellent intellectual properties into an entirely new category, in addition to expanding our existing experience in the baby and infant sector globally.

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