HTC to acquire Dopod

Posted on Sunday, Jun 04 2006 @ 14:25 CEST by Thomas De Maesschalck
DigiTimes reports HTC will acquire over a 50 percent stake in Dopod, for less than $150 million:
Under the terms of the memorandum of understanding (MOU) signed with Dopod, Dopod will serve as a subsidiary of HTC. Both parties are still working out the details of the agreement, according to the filing.


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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