Sunday, November 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Regin Trojan Enables Stealthy Surveillance: Symantec
ASTC Says 100 TB HDDs Coming in 2025
Alienware Alpha PC Gaming Console Now Shipping
Samsung Files ITC Complaint Against Nvidia
Europe To Ask Google Unlink Its Commercial And Search Services
Streaming TV Service Aereo Files for Bankruptcy
Square Launches Cash Register Service
Call of Duty: Advanced Warfare is the Biggest Entertainment Launch of 2014
Active Discussions
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
 Home > News > Optical Storage > Lite-On...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 31, 2013
Lite-On Technology to Acquire Lite-On IT


Lite-On Technology has announced plans to acquire the remaining outstanding shares of Lite-On IT, the popular optical disc drive (ODD) and SSD (solid-state drive) maker.

Lite-On Technology, which currently holds 42.32% of Lite-On IT, will own the 100% of the company after the acquisition.

According to the deal, Lite-On will integrate Lite-On IT's resources, improve R&D capability and operational efficiency, and decrease production cost. Lite-On will also enrich its product portfolio and strengthen its competitiveness. Lite-On IT's step into SSD production could help Lite-On enter the cloud computing business.

Lite-On Technology will firstly establish a wholly-owned subsidiary, Baoyuan, specifically for the takeover. Baoyuan will undertake open purchase of the remaining Lite-On IT shares. Baoyuan will then merge with Lite-On Technology.


Previous
Next
Chinese Hackers Target New York Times Servers        All News        Nokia Starts Releasing Windows Phone 7.8 Update
DVD and Blu-ray Still Drive Home Entertainment Revenue     Optical Storage News      New Robotic DVD,CD Duplicator With Three Disc-Burning Drives by Aleratec

Get RSS feed Easy Print E-Mail this Message

Related News
Lite-ON to Debut M.2 PCIe Gen 2x4 Enterprise SSD
Lite-On Sees Further Growth in 2Q13 Revenues
Lite-On Eyes Revenue Growth in Q4
Lite-On E200 SSD Coming In The U.K.
Lite-On Unveils Solid State Drives and MyDisk Software Suite
LiteOn To Make SSDs For Toshiba
LiteOn Runs Design Competition For Slim DVD writer
Lite-On Introduces 6x external slim Blu-ray COMBO
Lite-On Europe Contest Available on Facebook
Lite-On May Unseat Quanta Storage as No.3 Player in Slim Optical Disc Drives
LiteOn Adds Style to eNAU608 Slim-type DVD Burner With Interchangeable Covers
LiteOn IT Opens New Factory in Eastern China

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .