HTC Buys S3 Graphics for $300 Million

Posted Jul 6, 2011

Smartphone manufacturer HTC acquired all outstanding shares of visualization tech company S3 Graphics for $300 million. HTC will take control of S3 Graphics’ team and intellectual properties. Of the company’s previous investors, VIA Technologies will receive $147 million and WTI Investment International will receive $153 million. [TechCrunch]