Mediatek-MStar Acquires Taiwan-based ISP Vendor

Digitimes, CTimes: Mediatek subsidiary MStar acquires Alpha Imaging Technology (AIT), a maker of image processors for consumer and security market. The acquisition price is, reportedly, NT$2.07 billion (US$66.37M). Historically, Mediatek owned 15% of Alpha Imaging stock and a number of Mediatek VPs sat at AIT board.