Legit News
On March 10th ABIT Will Figure Out A New Company Name
We have been working with ABIT since day 1 here at Legit Reviews and it will be weird not seeing their name in the community, but the memories will not be forgotten. With the ABIT/USI merger going ahead at full speed it seems likely that on March 10 ABIT will have a new name!
At the Abit shareholder meeting on March 10, the Abit Group will come up with a new brand name for itself. As soon as the shareholders approve the new brand name, the Abit Group will no longer call itself Abit. Simultaneously, USI will immediately obtain ownership of the Abit brand. All of the employees of the Abit motherboard group will also quit the former Abit Group and become USI employees instead. Effectively, the same people working on the Abit motherboard brand today will still do so on March 11, but their employer will now be USI. The non-core businesses of Abit will not transfer to USI: System building, graphics cards, logistics and real estate will all still belong to the Abit Group once it determines the new name. The new Abit will have access to USI?s manufacturing and engineering technologies.
Posted by | Mon, Feb 27, 2006 - 06:05 AM
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