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ACQUISITION: HTC takes over Dopod International

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Old 05-09-2007, 04:15 AM
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Default ACQUISITION: HTC takes over Dopod International

WidgetBucks - Trend Watch - WidgetBucks.com
Published: Tue, 8 May 2007 10:13:21 +0200

HTC
(High Tech Computer Corp.) the world's leading provider of Microsoft Windows
Mobile smart handheld devices, announced today that it has signed an acquisition
agreement with Dopod International, one of the leading PDA Phone and smartphone
distributors in Asia, to purchase the assets of nine Dopod subsidiaries,
including Dopod Taiwan, Dopod Hong Kong, Dopod Singapore, Dopod Malaysia, Dopod
Indonesia, Dopod Australia, Dopod Thailand, Dopod India and Dopod Philippines.

The acquisition agreement, still subject to shareholder approval, was approved
by HTC's Board of Directors on May 8, 2007, values the assets of Dopod
International's subsidiaries at the sum of Dopod International's adjusted net
worth at the end of second quarter of 2007, certified by CPA as of June 30,
2007.
<p><a href="http://feeds.feedburner.com/~a/theunwired?a=m80yD6"><img src="http://feeds.feedburner.com/~a/theunwired?i=m80yD6" border="0"></img></a></p>
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