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NVIDIA Reportedly Talking With VIA About Acquisition
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Posted by Donster on: 2008-03-18 16:09:12 371
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Source: DigiTimes
NVIDIA reportedly was in talks with VIA Technologies about a possible acquisition, but no deal was made due to the high price named by VIA, according to sources at motherboard makers.
NVIDIA and VIA discussed three possible scenarios, including a strategic alliance, acquisition of only VIA's processor division, or the acquisition of the entire company, according to the sources. Though no deal was agreed upon, since VIA continues to see losses, the company is expected to open up negotiations again soon with a lower price, noted the sources.
VIA has denied the speculation about an acquisition by NVIDIA and pointed out that the company currently does not have a plan to reduce its capital as recent reports in Chinese-language media have suggested. The company said that its main business is still focused on x86 CPUs and chipsets and therefore will not give up these segments.
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News Source: Email
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