ADLINK Technology Announces to Acquire 100% Shareholding of Ampro Computer
Invests $20M to acquire embedded computing technology
March 20, 2008, Taipei Taiwan - The board of ADLINK Technology (6166 TT, "ADLINK") adopted a resolution today to acquire 100% shareholding of Ampro Computer Inc.("Ampro"). ADLINK will acquire a total of 39,743,137 common shares in Ampro (representing 100% of Ampro's shareholding) with a total investment amount of US$20 million. The relevant Share Purchase Agreements have been executed by and between ADLINK International, a 100% holding subsidiary of ADLINK and the shareholders of Ampro today and the closing is expected to take place upon the completion of specified conditions.
The acquisition by ADLINK in Ampro mainly focuses on Ampro's excellent capability of design, R&D, and manufacturing in embedded computing especially in ruggedized sector and in hope of consolidating the competitive edge of the two parties for a win-win situation: Ampro's US sales channels, customer services, and logistic centers can help to increase ADLINK's US sales of embedded computing products. In addition, with the assistance of ADLINK's strong capability of design, R&D, and manufacturing in embedded computing products, the current cost structure of Ampro can be greatly improved so as Ampro may broaden other potential end-application markets and create synergy from integrating the ODM and marketing services.
About Ampro Computer Inc.
For a quarter century Ampro has supplied innovative modular embedded computing solutions to assist our customers to get to market and to profit faster. Partnering with embedded software suppliers and leading microprocessor companies, we define and implement standards-based embedded computing technology that accelerates product development and enhances productivity.
Ampro innovations include the PC/104 and PC/104-Plus standards; the EBX form factor LittleBoard for non-backplane, single-board computers, the PC/104 and PC/104-Plus CoreModule SBC, the ETX computers on modules and the low-cost EPIC SBC series ReadyBoard products and Mini-ITX MightyBoard product line. All of our products enable manufacturers of a wide range of products to integrate standard-based-embedded computing solutions into their products all while minimizing product size and cutting time to revenue, design costs and development risks. URL: www.ampro.com
ADLINK Technology provides a wide range of embedded computing products and services to the test & measurement, automation & process control, gaming, communications, medical, network security, and transportation industries. ADLINK products include PCI Express-based data acquisition and I/O; vision and motion control; and AdvancedTCA, CompactPCI, and COM Express modules for industrial computing. ADLINK strives to minimize the total cost of ownership (TCO) of its customers by providing customization and system integration services, maintaining low manufacturing costs, and extending the lifecycle of its products. ADLINK is a global company with headquarters and manufacturing in Taiwan; R&D and integration in Taiwan, China, and the US; and an extensive network of worldwide sales and support offices.
ADLINK is ISO-9001, ISO-14001, and TL9000 certified, is an Associate Member of the Intel® Embedded and Communications Alliance, an Executive Member of PICMG, and a Sponsor Member of the PXI Systems Alliance. ADLINK is a publicly traded company listed on the TAIEX Taiwan Stock Exchange (stock code: 6166).
For more information visit www.adlinktech.com