Senba Sensing Technology Co.,Ltd. acquired Alpha Instruments, Inc. from Da Ke Li for $3.2 million.
November 28, 2019
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Senba Sensing Technology Co.,Ltd. (SZSE:300701) agreed to acquire Alpha Instruments, Inc. from Da Ke Li for $3.2 million on October 28, 2019. Senba Sensing's 10th meeting of the 3rd directorate approved this transaction on October 28, 2019. Recently, Senba Sensing Technology has paid the first equity transfer amount of $2.9 million in accordance with the terms of the Equity Transfer Agreement.
Senba Sensing Technology Co.,Ltd. (SZSE:300701) completed the acquisition of Alpha Instruments, Inc. from Da Ke Li on November 29, 2019.
Senba Sensing Technology Co.,Ltd., formerly Nanyang Senba Optical and Electronic Co., Ltd., is a China-based company principally engaged in the research and development, design, manufacture and sales of sensors. The Company's primary products include pyroelectric infrared sensors, visible light sensors, photoresistors, linear optocouplers, human body sensors and other products. Its products are mainly used for the manufacturing of light-emitting diode (LED) lighting, security and digital electronic products. The Company mainly distributes its products in the domestic market.
SENBA SENSING TECHNOLOGY CO.,LTD. 
