Gigabyte creates new Giga Computing subsidiary for servers and workstations

Although Gigabyte is usually associated with consumer and gaming PC components, monitors, peripherals and systems, that's not all the company does. The company has had a division dedicated to manufacturing products for the server and workstation market segments for quite some time with varied levels of success. This division, however, will now be separated from the main company, creating a new subsidiary named Giga Computing.

Starting today, Giga Computing will handle Gigabyte's enterprise solutions business, allowing the brand to focus on driving server business growth and innovation. Gigabyte's board of directors made the decision, concluding that separating both companies would bring long-term value to all Gigabyte customers, including general consumers and enterprise solutions customers.

Due to the separation of the enterprise solutions division, Gigabyte will receive 83,360,000 common shares of Giga Computing, each evaluated at NTD $10 per share. That means Giga Computing will be assessed at NTD $833,600,000 (about £2.27 million).

Despite now being two separate companies, they have an agreement to maintain the same development and support for all GIGABYTE enterprise products and solutions for customers. For the time being, all products sold by Giga Computing will still use the Gigabyte brand.

KitGuru says: Giga Computing will be wholly owned by Gigabyte, so don't expect any drastic changes, at least for the time being.

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