Advantech buys intelligent display firm
Advantech has entered into an agreement to acquire GPEG, a UK based provider of intelligent displays for the gaming industry.
Company chairman KC Liu said the company was optimistic about the development potential in the intelligent display market. "With the GPEG merger, we hope that we can accelerate product development, enhance sales strength and lead market growth," he noted.
After the merger, GPEG will join Advantech's Embedded Core Computing Group, under the name of Advantech-GPEG.
Former GPEG ceo Nick How, who will continue to lead the new group, commented: "We are tremendously excited about the opportunites for our customers, suppliers and employees that this merger will bring, the access to complimentary products, worldwide sales channels as well as the resources of a company like Advantech, paves the way for a very bright future for the company."
