HTC Acquires Graphics Company For $300M
HTC is getting increasingly aggressive. Not only this the company pushing out high quality, luxury smartphones, but it has recently acquired S3 Graphics from the processor manufacturer, VIA, for $300 million. While S3 graphics doesn’t really compare to Nvidia or ATI, they do a lot of work for mobile technologies.
S3 graphics typically work on lower powered solutions that support 3D graphics and HD video playback, which is exactly what HTC is looking for as they continue to push out mobile powerhouse devices.
But it’s not just their smartphones that will benefit, HTC also plans on releasing a series of new tablets, which this new S3 graphics technology should come in handy.
After all, I’d wager that most tablet owners expect to watch video on their new devices. People usually don’t get tablets just to shoot off an e-mail or two, they expect the full multimedia package.
Of course, the deal was approved by the boards of directors over at VIA, WTI, and HTC, but still needs approval from the government. The sale is expected to complete before 2012, and products from the joint-partnership are expected to roll out sometime in 2012 or 2013 at the latest.
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