HTC Buys Chip Firm S3 Graphics For $300 Million

Given the fact that some of HTC’s biggest competitors have been patent hoarding lately, HTC decided to do a little shopping of their own. What they came back with was graphics chip maker S3 Graphics and their patent portfolio from Via. In what could be seen as a very smart move by the Taiwanese company, HTC has managed to acquire S3 Graphics for a cool $300 mil, gaining some 256 new IP’s in the process

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Source: http://droidcellphones.net/2011/07/htc-buys-chip-firm-s3-graphics-for-300-million/