Nvidia to buy ULi for $52 million
NVIDIA today announced that it has signed a definitive agreement to acquire ULi Electronics Inc, one of the PC industry?s most highly-regarded core logic developers.
ULi is recognised for its innovative core logic technology as well as other multimedia and embedded products. Additionally, the acquisition is expected to strengthen the company?s sales, marketing, and customer engineering presence in Taiwan and China.
NVIDIA will pay a cool $52 million (USD) for ULI, which is expected to be completed in the first quarter of 2007.
For any of you out there that don’t already know, ULI provides a large quantity of Southbridge chips for ATI’s Xpress 200 motherboards, the direct and only real competitor to Nvidia.
Though?a worrying message for ATI, the takeover date of 2007 should not cause ATI’s current chip sourcing strategy any worries, and I doubt Nvidia would be crazy enough to limit supply after 2007 to ATI. Money is money, after all.