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Posiflex board approves plan for Portwell acquisition

Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES Asia Monday 4 September 2017 0

The board of industrial PC (IPC) maker Posiflex Technology has approved a plan to invest over NT$5.1 billion (US$173.4 million) to fully acquire Portwell, also an IPC player, for NT$50 per share.

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