Case 1:16-cv-00290-MN Document 15-3 Filed 05/26/16 Page 1 of 3 PageID #: 743
`Case 1:16-cv-00290-MN Document 15-3 Filed 05/26/16 Page 1 of 3 PageID #: 743
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`EXHIBIT C
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`Case 1:16-cv-00290-MN Document 15-3 Filed 05/26/16 Page 2 of 3 PageID #: 744
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`For Immediate Release
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`CITIC Capital Completes Acquisition of OmniVision Technologies, Inc.
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`(Hong Kong, 2 February 2016) – CITIC Capital Holdings Limited (‘CITIC Capital’)
`announced today that its consortium with Hua Capital Management Co., Ltd. and
`GoldStone Investment Co., Ltd. has successfully completed the acquisition of leading
`CMOS image solution provider OmniVision Technologies, Inc (‘OmniVision’).
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`This is the third take-private deal that CITIC Capital has led in the US. The completion
`has further demonstrated CITIC Capital’s exceptional execution capability in driving
`and managing highly complex cross-border deals. To date, CITIC Capital has
`completed a number of similar deals in the US and Japan (Note 1), making it one of
`the top players in spearheading cross-border transactions.
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`OmniVision is a leading CMOS image solution provider with over 2,300 employees in
`the US, Europe and Asia. It has comprehensive coverage in all the product application
`lines, from mobile, tablets to security, automobile and medical. The company is the
`only international player with localized production capability to serve the Chinese
`OEMs and has generated 80% of its revenue from China.
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`Shaw HONG, Chairman and CEO of OmniVision, said: “We are excited about the
`opportunity to work with our new shareholders, who will bring in valuable network,
`resources and insights to support OmniVision to develop more cutting-edge and
`innovative products for our customers. The management team is enthusiastic to enter
`the next phase of growth with our partners.”
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`Yichen ZHANG, Chairman and CEO of CITIC Capital, added: “We are pleased to
`partner with the outstanding management team of OmniVision to accelerate its
`growth, especially in expanding the China market. OmniVision is a market leader of
`CMOS image solution with over 20 years of rich experience in the imaging industry,
`we look forward to working with them on their continued growth and success.”
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`Under the terms of the definitive agreement regarding the acquisition of OmniVision,
`OmniVision stockholders will receive USD29.75 per share in cash, or a total of
`approximately USD1.9 billion. As a result of the transaction, OmniVision will cease
`to be a publicly traded company on NASDAQ.
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`1Recent significant take-private deals led by CITIC Capital:
`AsiaInfo-Linkage (NASDAQ), Focus Media Holding (NASDAQ), Pokka Corporation (TSE), and Higashiyama
`Film (JASDAQ)
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`- End –
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`Case 1:16-cv-00290-MN Document 15-3 Filed 05/26/16 Page 3 of 3 PageID #: 745
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`About CITIC Capital Holdings Limited
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`Founded in 2002, CITIC Capital Holdings Limited (“CITIC Capital”) is an alternative
`investment management and advisory company. The firm manages USD5 billion of capital
`from a diverse group of international and Chinese investors. Core businesses include Private
`Equity, Real Estate, Structured Investment and Finance, Asset Management and Venture.
`CITIC Capital currently employs over 200 staff members throughout its offices in Hong Kong,
`Shanghai, Beijing, Shenzhen, Tokyo and New York. The firm combines a deep knowledge of
`the Chinese business and financial markets with world-class investment expertise to create
`and maximize value for its investors. For more information, please visit www.citiccapital.com.
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`About OmniVision Technologies, Inc.
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`OmniVision Technologies, Inc. is a leading developer of advanced digital imaging solutions.
`Its CameraChip™ and CameraCubeChip™ products are highly integrated, single-chip CMOS
`image sensors for consumer and commercial applications, including mobile phones, tablets
`and entertainment devices, notebooks and webcams, security and surveillance systems,
`digital still and video cameras, automotive and medical imaging systems. Additional
`information is available at www.ovt.com.
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`For media enquiries, please contact:
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`Vivian FU
`Vice President, Corporate Relations
`CITIC Capital Holdings Limited
`Tel: +852 3710 6888
`Fax: +852 2104 6037
`Email: info@citiccapital.com
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