ULi to help Nvidia’s high-end chipsets

"Nvidia will adjust its chipset roadmap following the acquisition of ULi Electronics, according to company president and CEO Huang Jen-hsun. Nvidia is looking to enhance its high-end chipset line for the Intel platform, but has no plans to participate in the entry-level segment for the short term, said Huang.

Nvidia’s takeover of ULi, which was announced yesterday, is set to take effect on June 30, 2006, according to ULi’s company filing with the Taiwan Stock Exchange (TSE). Under the terms of the agreement, Nvidia will pay NT$19 for each outstanding ULi share and stock option, for a total of approximately US$52 million (USD), an Nvidia press release stated."

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