Update 3: S3 up for sale?
Very reliable reports reaching The Register today indicated that S3 is looking for a buyer. The price is not as high as S3 executives would have liked. According to our source, the Savage 3D acceleration technology has not worked out as S3 thought. But the sale involves patents, which S3 acquired in an auction, including patents for Mac-like technology. No buyer has so far come forward, the source said. S3, however, was at pains to deny the speculation. And here is the official denial. Kelly Morris, director of public relations at S3, said: "We get calls from companies (interested in buying us) all the time. We have no intention at all of selling...S3 has a strong competing part in Savage4 which has been adopted by three out of the top five OEMs and the major AICs. We have the strongest IP portfolio in the industry and together with our 10 year cross licensing deal with Intel we aim to become the number one market leader." ®
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