NVIDIA in talks with VIA about acquisition

Posted on Tuesday, Mar 18 2008 @ 15:03 CET by Thomas De Maesschalck
First there were quite unlikely rumours that NVIDIA would be interested in acquiring AMD and now DigiTimes claims the graphics firm is in talks with VIA about a possible acquisition. The site claims no deal has been made due to the high price named by VIA but says VIA is expected to open negotiations again with a lower price:
Nvidia and VIA discussed three possible scenarios, including a strategic alliance, acquisition of only VIA's processor division, or the acquisition of the entire company, according to the sources. Though no deal was agreed upon, since VIA continues to see losses, the company is expected to open up negotiations again soon with a lower price, noted the sources.

VIA has denied the speculation about an acquisition by Nvidia and pointed out that the company currently does not have a plan to reduce its capital as recent reports in Chinese-language media have suggested. The company said that its main business is still focused on x86 CPUs and chipsets and therefore will not give up these segments.

About the Author

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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