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HTC has decided to purchase S3 despite initial setback

Last year we reported that HTC was going to purchase S3 to boost its’ patent portfolio. However, in November of 2011, HTC changed course and decided that it would hold off on it’s decision to acquire the S3 patents. Grace Lei, general counsel for HTC, recent stated: “We think S3′s patent portfolio is valid and…
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HTC to strengthen patent portfolio with S3 Graphics acquisition
With record profits mounting up on a quarterly basis, it looks like HTC is planning on spreading its wings a little. HTC has announced that they have plans to acquire graphics chip maker S3 Graphics for $300 million from Via Technologies in an effort to strengthen its patent portfolio. The acquisition of S3 Graphics would…