Thursday, July 27, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft pays up to $250,000 for Windows 10 bugs
Foxconn Announces U.S. Manufacturing Plant in Wisconsin
Facebook has more that 2 billion users, profit and revenue soar
Meizu Announces New Dual-screen Pro 7 and Pro 7 Plus Smartphones
Kaspersky Lab Launches Free Antivirus Software
Nintendo's Earnings Boosted by Switch Console Sales
GPUs and Ryzen Processors Help AMD's Financial Figures
Razer Tiamat Flagship Headsets Released
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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's Uses NOR Flash In SSDs For Data Centers
Lite-On Expands Its SSD Storage Manufacturing
CES: Lite-On Displays J8 SSD for IoT Devices, EP2 U.2 Enterprise SSDs
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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .