Wednesday, December 14, 2005
Nvidia Corp. has signed a definitive agreement to acquire ULi Electronics Inc., a chipset supplier based in Taiwan, for $52 million in stock.
The acquisition is expected to strengthen Nvidia¡¦s core logic offerings, as well as its sales, marketing, and customer engineering presence in Taiwan and China.
ULi is a subsidiary company of Taiwan¡¦s ALi Corp. that focuses on the marketing and sales, R&D, and technical support for core logic chipsets and other related host-based peripherals.
Alex Kuo, president and chief executive of ULi, will join Nvidia as a senior executive responsible for MCP sales, marketing, and support functions in Asia. Nvidia intends to supply ULi customers with current products for the foreseeable future.
By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved
|
