Taiwan-based Mitac Technology has announced it will invest NT$209 million (US$6.58 million) to acquire 15.15 million shares of National Aerospace Fasteners (NAFCO), an aerospace component maker, at a price of NT$13.79 per share. Mitac already had a stake in NAFCO, and so the company's total stake in NAFCO will reach 19.35 million shares, or 47.47%, after the acquisition and it will be the largest shareholder.

Mitac pointed out that the company is confident about NAFCO's future potential and the investment is a strategic consideration for the company's developing of niche industries.