HTC to complete S3 acquisition for 270-patent portfolio
06/12, 4:26pm
Decision follows assessment of S3 graphics holdings
HTC has confirmed it wishes to complete the purchase of S3 Graphics, in an effort to boost its patent portfolio. After mulling the buyout last year, HTC has publicly confirmed that it sees the graphics chipset designer's 270-patent portfolio as an asset. Speaking at the annual shareholders' general meeting, HTC general counsel Grace Lei labeled the S3 portfolio as "valid and strong" following the "cautious assessment."
