The American Companies That Aren’t Actually American Anymore

OmniVision Technologies Inc.

OmniVision Technologies Inc. was founded in 1995 and has provided digital imaging products for different devices that use cameras, such as medical imaging systems. The California-based company was in the hands of Americans for quite a while until it was eventually sold to Shanghai-based company Will Semiconductor Co. Ltd for a whopping $2.1 billion.

The deal between the two companies was done in secrecy and was announced a year after the deal was brokered. It is unclear why the deal wasn’t made public at first, and some people are asking questions about what exactly went on during the deal.