Hold on to your hats – it’s just happened again… First the particulars: SMART Technologies Inc. and Foxconn Technology Group announced they have entered into an arrangement agreement under which Foxconn has agreed to acquire all of the outstanding common shares of SMART for a cash payment of US$4.50 per Common Share. The US$4.50 per Common […]

Foxconn, who made AV news last month by buying SHARP, just announced they are acquiring SMART Technologies. The deal is that Foxconn will buy SMART (who is traded on the NASDAQ as SMT) for US$4.50 per share. SMART is currently trading at only at $0.42 per share. The US$4.50 per Common Share purchase price represents […]

Foxconn and Sharp have announced a strategic alliance that was approved by each company’s board yesterday. Details of the deal aren’t available to the public yet, but is rumored to be in the range of $3.5 billion, total, that gives Foxconn controlling (2/3) interest in the Japanese manufacturer. The main reason Foxconn is interested in […]

There’s a lot of talk around the tech industry about how Sharp’s HQ is hemorrhaging money. We even wrote a story two weeks ago about the potential of them being bought by Foxconn who’s now offering $5.5 Billion for them. But, all the while, Sharp continues to crank out new models — including three this […]

One thing is clear — if Sharp doesn’t take one of the two competing offers to buy them, they won’t survive. According to the Wall Street Journal, Taiwan’s Foxconn (known most famously for making the Microsoft Xbox and Apple’s iPhone and iPads) and Japan’s Innovation Network Corp. are in a bidding war for Sharp Corporation […]