"ULi is recognized for its innovative core logic technology as well as other multimedia and embedded products. The acquisition represents NVIDIA?s ongoing investment in its platform solution strategy, which leverages the acclaimed NVIDIA nForce® media and communications processors (MCPs) and NVIDIA® GeForce® and NVIDIA Quadro® graphics processing units (GPUs). Additionally, the acquisition is expected to strengthen the Company?s sales, marketing, and customer engineering presence in Taiwan and China.
Under the terms of the agreement, NVIDIA will pay 19 New Taiwan Dollars in cash for each outstanding ULi share and stock option, for a total of approximately $52 million (USD). The acquisition, which is expected to be completed in the first quarter of the Company?s fiscal year 2007, remains subject to the satisfaction of regulatory requirements and other customary closing conditions."
NVIDIA to Acquire ULi Electronics, a Leading Developer of Core Logic Technology!
Under the terms of the agreement, NVIDIA will pay 19 New Taiwan Dollars in cash for each outstanding ULi share and stock option, for a total of approximately $52 million (USD). The acquisition, which is expected to be completed in the first quarter of the Company?s fiscal year 2007, remains subject to the satisfaction of regulatory requirements and other customary closing conditions."
NVIDIA to Acquire ULi Electronics, a Leading Developer of Core Logic Technology!