Posiflex board approves plan for Portwell acquisition

The board of industrial PC (IPC) maker Posiflex Technology has approved a plan to invest over NT$5.1 billion (US$173.4 million) to fully acquire Portwell, also an IPC player, for NT$50 per share.

from DIGITIMES: IT news from Asia http://ift.tt/2iVIO1l
via Yuichun