Achronix and ACE Convergence to Merge

Achronix Semiconductor has reached a merger agreement with professional M&A firm ACE Convergence Acquisition Corp. The merged company will be listed on the Nasdaq as a public company with the stock code ACHX. Achronix focuses on the high-end FPGA and eFPGA IP markets, is committed to investing in technology and driving company growth to provide the best service to customers.