HTC Buys S3 Graphics for US$300 Million


HTC Buys S3 Graphics for US$300 Million

According to a TechCrunch report, Smartphone maker HTC is buying S3 Graphics from VIA Technologies for US$300 million. VIA will get US$147 million, while WTI Investment International (an investor of VIA) will receive the other US$153 million.

Interestingly, HTC's co-founder Cher Wang is also the chairman of VIA Technologies and a major shareholder in WTI.

The deal will give HTC a number of patents and technology related to graphics. Just recently, S3 Graphics won a patent lawsuit against Apple; the court has ruled that Apple had violated two of S3 Graphics' patents related to "systems and methods for compressing images" and "image data formats".

Source: TechCrunch

All News Categories

News for Past 12 Months

Subscribe to HWZ Here!

Subscribe now to receive latest tech news, articles and promotions straight to your inbox!
 
 
By signing up, you indicate that you have read and agreed to the and .