Saturday, February 25, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG 2017 Gram Notebooks Start From $999
Samsung, Apple To Focus On Bio Authentication Services
Nokia Captured 9 Percent Global Feature Phone Marketshare in 2016
Secure Folder Now Available for Galaxy S7, Galaxy S7 edge
LG X Power2 Smartphne Packs A 4,500mAh Battery And A 5.5-inch Display
Samsung Introduces Measures to Enhance Transparency in Financial Donations
Google's Waymo Sues Uber Over Self-Driving Patents
New Razer Power Bank Will Charge Your Laptop, Smartphones
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 .