Asus to Acquire Gigabyte??
Subject: Motherboards | August 7, 2006 - 09:44 PM | Ryan Shrout
The title pretty much says it all, though we can file this under "rumor-mill" for the time being...
Asustek Computer is interested in acquiring another motherboard specialist Gigabyte Technology, which shows better strength in distribution, according to sources in the Taiwan motherboard industry. Asustek's possible merger with Gigabyte is aimed to face rising competition from EMS provider Foxconn Electronics (the registered trade name of Hon Hai Precision Industry), whose motherboard shipments have drawn near the leading motherboard maker, indicated the sources.
Both Asustek and Gigabyte refuted the merger rumors at the Taiwan Stock Exchange (TSE) on August 4. To date, there is no plan about a merger that involves Asustek and Gigabyte, the two motherboard makers clarified in their respective filings with the TSE.