Good News (pun intended)!We received word today that Newstar has been acquired by Gospell Digital Technology Co., Ltd. Note that the following text includes "Gospell will continue on DRM development and business."
Here is the text of the official news release:
Dear Newstar Customers,
We are pleased to announce Newstar Electronics has recently been acquired by Gospell Digital Technology Co.,ltd. Patents and technology of Newstar will be transferred to Gospell. This acquisition will further enable Gospell to leverage best practices and look at new opportunities in the digital radio receiver market.
Gospell Digital Technology Co.,Ltd. (GOSPELL) is a private hi-tech enterprise with R&D, manufacturing, business consultancy and planning, trade, delivery, project implementation and after sales service, acting as a complete DTV and triple-play solution provider for Digital TV/OTT related projects.
Gospell will continue on DRM development and business.
For more information on DRM technology and products, please email liuhc@gospell.com
For more information about Gospell, please visit www.gospell.com
This is the end of our journey with Newstar, but we are on to new adventures. The management of Newstar would like to thank you for your past business and long time support. We look forward to these new opportunities and to working together in the future.
Sincerely,
Chengdu Newstar Electronics Co., Ltd.
HC Liu
CEO
