Lite-On Takes Over BenQ’s ODD Unit

Author: Rodrigo Chia Date: April 11, 2006 - 6:28 AM PST Category: Storage More Info: http://www.benq.com/press/news.cfm?id=1271&cat=0&year=2006 Real-time pricing for iUniverse 1-462-01393-7 When Love Takes Over A Celebration of SGL Couple Color Darian Aaron Books iUniverse Publishing Usually ships in 24 hours Amazon: $11.95 Lite-On IT has reached an agreement to take over BenQ’s optical disc drive (ODD) business for NT$ 1.2 billion (around USD 37 million) in cash and 13% of its shares. The deal includes technology, patents, ODM customer portfolio and order commitments. After the transaction is closed, around June, Lite-On expects to become the second largest ODD maker in the world with 27% market share. Print Version | Send to Friend | Bookmark Article | Comments (0)

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