Shenzhen 3NOD Electronics Co., Ltd. (Shenzhen 3NOD) announced on April 28 that it acquired a 51% stake in Shenzhen Jizhan Electron Corp. (Jizhan), and became a controlling shareholder of Jizhan.

Jizhan, established in 1997, was wholly invested by Taiwan Yingzhan Group, a lead in global IT peripheral equipment market. Jizhan specializes in the R&D, production and sales of computer peripherals for Chinese mainland market. While KOSDAQ-listed Shenzhen 3NOD is one of the leading solutions providers for global multi-media video products.

After this deal, Jizhan will become a domestic capital-oriented enterprise from a pure foreign capital funded company. Insiders say the transaction will facilitate the two parties to forge a stronger computer peripherals solutions provider. They will provide competitive systematic qualified solutions for users, which will alter the computer peripheral market layout.