ECS and Tatung in strategic alliance
Elitegroup Computer Systems (ECS) and Tatung have reached a deal in which the motherboard maker will issue new shares in exchange for the Taiwan electronics player’s desktop PC department.
Tatung is expected to become ECS’s biggest shareholder with 30% after spinning off the desktop department in return for 314 million new shares to be issued by the motherboard maker, according an announcement by both companies yesterday.
More here at DigiTimes.
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