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HTC wants to complete the acquisition of S3, would acquire 270 patents

HTC to acquire S3 where they would acquire a very nice 270-patent portfolio

| Business, Financial & Legal News | Posted: Jun 14, 2012 8:14 am

HTC have now confirmed they want to finalise the acquisition of S3 Graphics, where they would get a huge injection of patents. HTC have publicly admitted they see S3 Graphics 270-patent portfolio as an asset. HTC general counsel, Grace Lei, spoke at the annual shareholders' general meeting where they labeled the S3 portfolio as "valid and strong" following the "cautious assessment".

 

TweakTown image news/2/4/24568_10_htc_wants_to_complete_the_acquisition_of_s3_would_acquire_270_patents.jpg

 

It was only in July last year that HTC scooped up VIA's $300 million stake in S3, with the acquisition of S3 by HTC seen as a great move to improve their graphics processing technology. Apple have the great ability of being capable of customizing its processors, but HTC is believed to view S3 as key to achieving equivalent capabilities.

 

S3's products are mostly PC-bound, but the company's graphics performance and power-efficiency heritage is considered potentially advantageous in this mobile efficient world.

NEWS SOURCE
Electronista.com

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