General Electric buys 5% stake in DFI

— 8:47 AM on October 30, 2006

The company known for its LANParty series of enthusiast motherboards has received an investment from an unlikely source: U.S. technology conglomerate General Electric. GE has purchased a 5.26% stake in DFI for the equivalent of $10.44 million, reportedly in an effort to improve the marketing efforts of its GE Industrial business group in Asia. GE-Fanuc, a joint venture between GE and Japanese robotics company Fanuc, also intends to negotiate a production deal with DFI early next year.

Having shifted its focus from motherboards, DFI now gets most of its revenue from applied computing platforms, or embedded systems, according to DigiTimes. Nevertheless, DFI hasn't given up on enthusiast motherboards, and photos leaked earlier this month suggest the company is cooking up a new LANParty-series offering based on ATI's RD600 chipset for Intel processors.

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