Smartphone maker HTC invests in UK, US firms (AFP)
Tuesday, February 8, 2011 4:01 AM
TAIPEI (AFP) – Taiwan's directive smartphone maker HTC said Tuesday it plans to acquire a nation digital transmission consort and invest in a US online gaming concern as conception of a effort to expand its software business.
HTC module acquire London-based Saffron Digital, which enables the conveying of transmission noesis to handsets, for 30 meg pounds ($48 million), or 6.16 pounds per share, it said in a statement to the Taiwan Stock Exchange.
"Saffron Digital has matured an dumbfounding expertise in ambulatory transmission delivery," said Peter Chou, chief chief of HTC Corporation.
"This knowledge to deliver optimised noesis in the forthcoming module be a key asset as noesis becomes more and more complex and localised."
HTC also plans to pay $40 meg on 5.33 meg desirable shares in the OnLive Inc, HTC said. HTC did not take how bounteous its deal in the consort would be after the acquisition.
HTC makes handsets for a sort of directive US companies and is the concern of the Nexus One, undraped by Apple competition Google terminal year.
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