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Lite-On buys BenQ disc biz

April 18th, 2006 · No Comments

Lite-On, the Taiwanese electronics company best known for CD and DVD ROM drives, has purchased the optical disc drive operations of rival BenQ. The $200 million deal ($37 million of which was paid in cash) elevates the brand to the world’s second biggest optical storage manufacturer. Not included in the deal is the joint venture company Philips BenQ Digital Storage, however, all of its devices will now be made by Lite-On. Lite-On is also the principal supplier of optical drives for NEC and Sony.

Tags: Trade

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