Abit to change company name

Posted on Friday, Jan 27 2006 @ 06:43 CET by Thomas De Maesschalck
DigiTimes reports that Abit has announced a special shareholders meeting to discuss several items, after yesterday's announcement of USI's intention to purchase Abit.

This includes a name change, the disposition of Abit's building in Neihu, the revising of the company's articles of incorporation, disposition of Abit's assets and the release of the directors from non-competition restrictions imposed by Article 209 of Taiwan's company law.

According to local Taiwanese media Abit will concentrate on the distribution of components and networking products, while continuing to leverage some of its motherboard manufacturing services to their plant in Suzhou, China.

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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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