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| | Former Packard Bell chief buys AST - ZDNet UK News (Site not responding. Last check: 2007-11-05) |
 | | Beny Alagem, the co-founder and former chairman of Packard Bell NEC announced on Sunday that he had bought the AST brand name and technology for his new company, AST Computer Inc. The complex deal gives Alagem a 75 percent share in the new company, which will sell computers to consumers and small- and medium-sized businesses. |
 | | Alagem bought the rights and technology from AST Research Inc., a subsidiary of Korean electronics firm Samsung Electronics Co., Ltd. The parent company will hold 25 percent of the new firm, with an option to buy 10 percent in the future. |
 | | "Beny has been a guiding force in the computer industry," said Soon Taek Kim, president and CEO of AST Research, in a statement. |
| news.zdnet.co.uk /business/0,39020645,2070429,00.htm (589 words) |
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