Why is Creative selling its strength away?

[tualingong]

[h=2]Intel acquires ZiiLabs from Creative Technology for $50 million[/h] by Nicole Lee

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Intel has signed a $50 million deal with Creative Technology to acquire ZiiLabs, a UK-based subsidiary responsible for Android-optimized chip designs like the ZMS-40 and the ZMS-20. Of that $50 million, $30m will be for asset sales and engineering resources while the remainder will be for patent licensing in regards to ZiiLabs GPU technology, which might indicate a move away from PowerVR. We're not sure if this means Creative will soldier on with OEM-focused devices like the HanZPad, but at least now it'll have more money in the bank to explore alternative endeavors.
Filed under: Misc, Intel

 

[blur sotong]

Bro tualingong, for the last 4 quarters, Creative Technologies had negative cashflow from operations & negative net changes in cash and cash equivalent . :o :(

 

[GOD IS MY DOG]

since Creative can't make money from this subsidiary..............sell lor..............

the Creative owner should be thinking how to bail himself out before Creative go belly up................time to call it a day..........