Delta Electronics plans to acquire 35-55% stake in Vivotek

Power supply maker and energy management solution provider Delta Electronics on August 8 announced plans to acquire a stake of between 35-55% in Vivotek, a developer of security surveillance solutions including network cameras, video servers and image processing software, at NT$98 (US$3.23) per share, a premium of 17.41% based on Vivotek's 60-day average stock price of NT$83.47 on the Taiwan Stock Exchange (TSE). The purchases will take place during August 9-September 26.

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