Asustek to buy Toshiba laptop division?

Posted on Monday, November 16 2009 @ 18:18 CET by Thomas De Maesschalck

Asustek chairman Jonney Shih revealed his company plans to aid its goal of becoming a top-three notebook vendor in 2011 through acquisitions. Shih said Toshiba's notebook unit is a possible takeover target, he stated Asustek has already had contact with Toshiba but that the talks are not yet finalized.

Asustek Computer is considering plans to aid its goal of ranking as the global top-three notebook vendor in 2011 through acquisitions; Toshiba's notebook business has been identified as one of the company's possible targets, according to a Chinese-language Commercial Times report citing Jonney Shih, the company chairman.

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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