CONNECT WITH US
Sign out

D-Link completes issuance of NT$2 billion convertible bonds

Irene Chen, Taipei
0

Network equipment maker D-Link has completed the issuance of NT$2 billion (US$62.9 million) worth of domestic convertible bonds with a conversion price set at NT$37.5 per share. The new funds will be used to sustain the company's business expansion projects, including the acquisition of technology and other companies.

D-Link will also focus on pushing sales of application solutions that integrate hardware devices and software services in 2010, according to the company.

Article translated by Steve Shen