Compal Electronics to become largest shareholder of Avalue Technology

Notebook ODM Compal Electronics on October 2 announced that it will acquire a 20.54% stake in Avalue Technology, a Taiwan-based industrial computing device maker, to become the largest shareholder through subscribing to 14 million new shares issued by Avalue for private placement at NT$35.35 per share and a total price of NT$494.9 million (US$16.4 million).



from DIGITIMES: IT news from Asia http://ift.tt/1vD2aoy

via Yuichun