Friday, June 2, 2006
HTC to Acquire Dopod
Posted by Darius Wey in "NEWS" @ 11:30 AM
"High Tech Computer Corp. (HTC; TAIEX: 2498) today announced that the company has signed a Memorandum of Understanding (MOU) with Dopod (Cayman) Holding Corporation ("Dopod"). HTC will acquire over 50% of Dopod shares as Dopod becomes HTC's subsidiary. The transaction value will not surpass US$150 million. The alliance between Dopod and HTC will make the synergy to provide the best service to operators and end users. The transaction details, the business cooperation plans, the rights and obligations of both, and other related affairs will be evaluated and negotiated in the near future."
This is an interesting move. With the acquisition in place, HTC hopes to gain a greater appreciation of the mobile market by evaluating the needs and wants of the end-users. Could this mean that HTC will finally respond to user requests about creating devices with, say, more RAM, more ROM, VGA screens, and the kitchen sink? Time will tell.
This is an interesting move. With the acquisition in place, HTC hopes to gain a greater appreciation of the mobile market by evaluating the needs and wants of the end-users. Could this mean that HTC will finally respond to user requests about creating devices with, say, more RAM, more ROM, VGA screens, and the kitchen sink? Time will tell.
