‘AGGRESSIVE’ ACQUISITIONS:The firm plans to buy a stake in a Taiwanese PC maker, and is targeting Silicon Valley companies in deals worth ‘several million’ US dollars each
Date: Apr 15, 2015
Compal Electronics Inc (仁寶) is in talks to buy companies in Silicon Valley and Taiwan as the contract manufacturer embarks on “aggressive” acquisitions to reduce its reliance on notebook computers.
US targets include a provider of network download software and a developer of 3D printing technology, Compal chief executive officer Ray Chen (陳瑞聰) said in an interview.
Compal is also set to buy a stake in a Taiwan-based industrial PC maker by the end of this year, he said, declining to name targets. [FULL STORY]