HTC To Buy S3 Graphics From VIA 90
jones_supa writes "The Taiwanese smartphone manufacturer HTC has bought the graphics department of VIA Technologies, S3 Graphics. This $300 million dollar deal brings HTC the ownership of new patents and graphics visualization technologies. 'In addition to its traditional markets in PCs and game consoles, S3 Graphics Texture Compression technology is increasingly being applied to smartphones and tablets, HTC said.'"
It appears that HTC will be turning the tables on at least Microsoft and extracting royalties from them for a change.
In related news (Score:5, Insightful)
In a related story, S3 apparently still exists!