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Mediatek to extend mobile multimedia processor coverage with acquisition

Katheryn Chiu, Hsinchu; Esther Lam, DIGITIMES Asia Wednesday 31 August 2005 0

Looking to extend its handset chip product lineup, chip design house Mediatek announced it will acquire the remaining stake (via a stock swap) of its subsidiary, Alpha Imaging Technology (AIT). Mediatek currently holds 50% of AIT.

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