Hardware | Asetek's Takeover Offer Has Been Accepted

• Takeover offer from Suzhou Chunqiu Electronic Technology Co., Ltd. for Asetek accepted.
• The transaction is scheduled to close on April 23.

In an announcement today (April 14, 2026), it was revealed that the Danish hardware company Asetek has accepted a takeover offer.

Asetek is one of the world's leading manufacturers of PC hardware and is considered a pioneer in the development of sealed all-in-one liquid coolers, making the company an attractive target for CQXA Holdings Pte. Ltd., a subsidiary of Suzhou Chunqiu Electronic Technology Co., Ltd. specializing in consumer electronics.

The takeover, first initiated back in November 2025, is expected to be completed by April 23, subject to the fulfillment of legal and financial formalities. As part of the transaction, 303,298,827 shares, representing approximately 95.3 percent of Asetek's total share capital, will be transferred to the prospective new owner. Asetek's total equity value was previously estimated at around 85 million US dollars.

The deal also includes the company's sim racing division, Asetek SimSports, which generated revenue of 1.3 million US dollars in the third quarter of 2025 despite challenging market conditions and unpredictable US tariffs that negatively affected production in China and Taiwan. In response to these challenges, the company increased production at its facility in Malaysia, with the takeover aiming to strengthen the company's market position in Asia.

SimSports, known for developing sim racing equipment for both enthusiasts and professionals, launched its entry-level product line,