O2Micro to evaluate strategic alternatives for Intelligent E-Commerce group

theflyonthewall.com

O2Micro International announced earlier that it will be exploring various strategic alternatives for its Intelligent E-Commerce Group, including the exploration of the separation of its E-Commerce business into a separate company through a joint venture or some other related transaction. O2Micro management, together with its financial and legal advisors, will explore several strategic alternatives related to its Intelligent E-Commerce business, including a joint venture in conjunction with another business partner. O2Micro expects that the process could be completed by the end of the year, or possibly first quarter of 2013. The company does not intend to disclose developments with respect to the progress of this review process until such time as the O2Micro board of directors approves or completes such a transaction, or otherwise determines that further disclosure is appropriate.

View Comments