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July 6, 2011 01:45 pm GMT

Smartphone Maker HTC Buys S3 Graphics From VIA, WTI For $300 Million

, a Taiwan-based developer of x86 processor platforms, this morning announced that it has sold all of its shares in S3 Graphics, a provider of graphics visualization technologies used in PCs, game consoles and mobile devices based in California. The buyer is smartphone manufacturer HTC, which is acquiring all outstanding shares of S3 Graphics for a grand total of $300 million.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/s3A3VX_axbY/

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