Monday, 26 October, 2026
Billion-Dollar Deal: IDG Capital Front-Runner to Acquire ASMPT’s SMT Business
By TechShots Studio
Private equity firm IDG Capital has emerged as the leading bidder to acquire ASMPT’s Surface Mount Technology (SMT) unit, which could be valued between $1 billion and $1.5 billion. Driven by surging AI-related equipment demand, the prospective deal for the electronics assembly division has also drawn interest from buyout firms including FountainVest Partners and Triton Partners.