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NVIDIA to buy a piece of VIA?

Posted on Friday, March 27 2009 @ 14:09:29 CET by


Asian sources report VIA is planning to issue 300 million new shares at a price ranging from NT$9-12 (US$0.27-0.35) per share through private placement. It's believed that GPU maker NVIDIA will be one of the parties to take up a portion of the new shares.
VIA Technologies plans to sell 300 million new shares at a price ranging from NT$9-12 (US$0.27-0.35) per share through private placement, the company has announced. Nvidia is reportedly in talks with VIA to take up a portion of the new shares, according to market sources.

VIA commented that possible candidates for the private placement will be made clear after a shareholder meeting scheduled on June 19. Nvidia declined to comment market speculation.



 



 

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