Tuesday, May 8, 2007
Acquisition of Dopod Almost Complete; HTC Name to Run Wild in the Asia-Pacific
Posted by Darius Wey in "NEWS" @ 07:00 AM
"High Tech Computer Corp. (TAIEX: 2498; "HTC"), the world's leading provider of Microsoft® Windows Mobile® smart handheld devices, announced today that it has signed an acquisition agreement with Dopod International, one of the leading PDA Phone and smartphone distributors in Asia, to purchase the assets of nine Dopod subsidiaries, including Dopod Taiwan, Dopod Hong Kong, Dopod Singapore, Dopod Malaysia, Dopod Indonesia, Dopod Australia, Dopod Thailand, Dopod India, and Dopod Philippines."
HTC's year-long acquisition of Dopod is nearing completion, with the three-letter giant recently signing an acquisition agreement that will see it pick up the assets of Dopod subsidiaries in Australia and Asia. As part of the agreement, all HTC products in the Asia-Pacific region (excluding current-market ones) will be marketed under the HTC brand, thus following a practice already visible in Europe, and to a lesser extent, the United States. Despite a declining TAIEX index, HTC's shares closed 0.35% higher today.
HTC's year-long acquisition of Dopod is nearing completion, with the three-letter giant recently signing an acquisition agreement that will see it pick up the assets of Dopod subsidiaries in Australia and Asia. As part of the agreement, all HTC products in the Asia-Pacific region (excluding current-market ones) will be marketed under the HTC brand, thus following a practice already visible in Europe, and to a lesser extent, the United States. Despite a declining TAIEX index, HTC's shares closed 0.35% higher today.
