Report: Asus Contemplating Toshiba Acquisition
Asus has big plans for the next couple of years. The company recently announced ambitions make it to number three notebook vendor by 2011 and, if a recent reports are to be believed, the company is considering using acquisitions to get there.
An article today on Digitimes cites Chinese-language paper, the Commercial Times, as saying Asustek is contemplating using acquisitions to help reach its 2011 goal. The Commercial Times report claims that Toshiba's notebook division is one of the companies Asus is considering as a take-over target.
Citing Asus Chairman, Jonney Shih, CT says Asus has contacted Toshiba, but according to Shih results are not yet finalized.
Do you think an Asus-owned Toshiba is on the cards? Let us know in the comments below!
Check the full story here.
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Quite possible, however there is a big difference between improving / expanding your own division to make it to number 3 in the market, vs simply buying another company and adding their sales to your balance sheet.