[Silicon Motion Announces Agreement to Acquire Shannon Systems Silicon Motion Enters China Enterprise SSD Market 1 Taipei, Taiwan, April 24, 2015—Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion”), a global leader in NAND flash controllers for solid state storage devices, today announced that it has entered into a definitive agreement to acquire Shannon Systems “China has become the largest internet] [Press Release issued by the Company on April 24, 2015. ILICON OTION ECHNOLOGY ORPORATION S]