HTC acquires S3 Graphics for $300M

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HTC Corp. is adding 235 patents to its war chest in a $300 million deal to acquire S3 Graphics Co. Ltd. from VIA Technologies Inc. S3′s patents cover a range of graphics visualization technologies used in PCs, gaming consoles and mobile devices, the company said.
Earlier this year, HTC invested in Saffron Digital’s content delivery platform and acquired a stake in OnLive, a cloud gaming company.
The transaction, which already has received approvals from the boards of directors, is expected to close before the end of the year.

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Matt Kapko

Former Feature writer for RCR Wireless News
Currently writing for CIO
http://www.CIO.com/
Matt Kapko specializes in the convergence of social media, mobility, digital marketing and technology. As a senior writer at CIO.com, Matt covers social media and enterprise collaboration. Matt is a former editor and reporter for ClickZ, RCR Wireless News, paidContent and mocoNews, iMedia Connection, Bay City News Service, the Half Moon Bay Review, and several other Web and print publications. Matt lives in a nearly century-old craftsman in Long Beach, Calif. He enjoys traveling and hitting the road with his wife, going to shows, rooting for the 49ers, gardening and reading.

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