Elitegroup buys Alpha-Top to make iBooks
updated 06:25 pm EDT, Tue August 14, 2001
Elitegroup Computer Systems will pay $234 million in shares and assumed debt to buy Alpha-Top, manufacturer of Apple's iBook, according to Bloomberg News. Elitegroup, which previously owned 20 percent of Alpha-Top, sees the acquisition as its way into the consumer notebook computer market, and an analyst with Barits Securities rates Alpha-Top's business relationship with Apple as invaluable.



Professional Poster
Joined: Mar 2001
Uh Oh!
Not sure if thats good news. I went to their web site and it doesn't load in IE on 9 so I assume they are not very Mac friendly.