HTC to go ahead with S3 Graphics acquisition

HTC announced today that they acquired S3 Graphics; HTC was on the verge of acquiring them for $300 million in the middle of last year, but the deal seemed to fall through after an ITC ruling called into question the strategic value of S3’s patent portfolio. The acquisition was generally seen as an attempt to bolster HTC’s patent portfolio against Apple; S3 Graphics has extensive experience with GPU processing and visualization, and holds more than 200 patents in that field, and had been in the process of asserting some of those patents against Apple when HTC moved to acquire S3.
Had the lawsuit ended favorably for S3 Graphics, HTC would have found themselves in a much better legal position,... »read more

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