Yeestor: China's YEESTOR merges with EpoStar, closes Series B round

Chinese flash memory controllers supplier YEESTOR Microelectronics has merged with Shenzhen-based solid-state drive (SSD) developer EpoStar Electronics, which will enable YEESTOR to leverage the firm’s patented technology to reinforce product performance. Along with the merger, YEESTOR has also received hundreds of millions of yuan in a Series B round led by USD-denominated semiconductor investment fund Alphatecture, with participation from Beijing-based Delian Capital and global venture capital firm Walden International, according to a statement on Wednesday.