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VIA Technologies Sells Subsidiary to Intel

By Vincent Wang
Published: Oct 02,2015

TAIPEI, Taiwan — Mergers and acquisitions is an unmistakable trend in the semiconductor industry. As well as there are no everlasting friends or enemies in this world, especially in the semiconductor industry. Chip designer VIA Technologies Inc., on October 1 said it sold a handset chip subsidiary to rival Intel Corp. on Wednesday.

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However, terms of the deal are unknown, but the company in July said it inked an agreement with a third-party company to sell its stake in VIA Telecom Co., with expected asset gains of US$100 million.

VIA Technologies, Inc. is devoted in the development of highly-integrated embedded platform and system solutions for M2M, IoT, and Smart City applications, ranging from video walls and digital signage to healthcare and industrial automation. Headquartered in Taipei, Taiwan.

Therefore, VIA’s global network links the high tech centers of the US, Europe and Asia, and its customer base includes the many world’s leading hi-tech, telecommunications, consumer electronics industry brand names.

Last but not least, VIA Telecom, 50 percent owned by VIA Technolo-gies, designs mobile phone chips supporting CDMA technology.

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