GIGABYTE and ASUS Form Joint Venture in Motherboard and Graphics Card Business
More alliances formed in this summer of acqusitions, mergers and joint ventures...

GIGABYTE Technology Co., LTD in accordance with the relevant regulations according to Company Law, Securities Law and Business Merger & Acquisition Law, a resolution of the board of directors was passed on the 8th of August, 2006 for GIGABYTE Technology Co., LTD to transfer the relevant assets and businesses of its own branded motherboards and VGA cards to a newly established subsidiary. After all the necessary legal procedures and obligations have been fulfilled, ASUSTek Computer Inc. plans to invest in this newly established GIGABYTE subsidiary to help manage the joint venture and develop a strategic alliance with GIGABYTE. Both parties will work together to increase operation efficiency, enhance product quality, provide better customer service and create a higher value for shareholders.

Read all about it here, courtesy of Gigabyte-usa.com:
http://www.gigabyte-usa.com/News/Company/News_List.aspx?NewsID=1292

-Eric