Zealand. MiTAC Shunde in China officially commenced operations. MiTAC International signed a formal agreement with Compaq in 1995 to establish a strategic alliance. MiTAC International's US subsidiary Synnex successfully acquired well-known American distribution channel vendor Computer-Land in 1997. Announced in 1999 the taking of a stake in well-known American computer motherboard design house Tyan, thereby entering the market for high-end motherboards. In 2000 established MiTAC Computer (Shanghai) Ltd., MiTAC Computer (Kunshan) Ltd., and Shanghai MiTAC Research Ltd. to expand production and respond to strategic deployments. In 2001 MiTAC International's US subsidiary Synnex USA completed the acquisition of all shares of Merisel Canada, Inc. In 2002 MiTAC International Group celebrated the 20th anniversary of establishing its business operations headquarters in Taiwan. They bought Tyan Computer, a specialist in the design of high end motherboards and jointly established Y.S. Educational Foundation with member companies in the MiTAC-Synnex Group. Established the consumer brand Mio DigiWalker and announced the first ultra-slim PDA products. In 2003 Synnex Corporation of the MiTAC Group listed on New York Stock Exchange (NYSE: SNX). Mio, a MiTAC independent brand, announced the world’s first dual-band, dual-card PDA and smartphone; and the world’s first PDA with built-in GPS: Mio 168. In 2004 Commonwealth Publishing Co., Ltd. published "The 98/2 MiTAC Vitamin Plan", which won the Golden Book Award from SMEA of the Taiwan Ministry of Economic Affairs. Mio announced the first portable navigation product with built-in e-travel book. The shipping volume of navigation products commanded the world’s third-largest. in 2005 MiTAC incorporated Mio Technology Korea. In 2005 MiTAC was ranked 67th in the World Top 100 High-tech Enterprises by Business Week, but dropped to 71st in 2006. In 2007 MiTAC acquired the Navman trademark from the Brunswick Corporation, the related operating assets and liabilities (excluding cash) and the equipment of Navman Europe Ltd., Naviart Ltd., and Naviart Information Technology (Shanghai) Co. Ltd. Incorporated Navman Technology Australia Pty Ltd. in Sydney, Australia and Navman Technology NZ Ltd. in Auckland, New Zealand. They also acquired Tyan Computer Corporation. Mio was in the Top Three Handheld and Mobile GPS Navigation Devices in Q3 2007 (According to Canalys and IDC). MiTAC's high-level server products passed the Intel Qualified Server Board (IQSB) certification. In 2008 signed on to be the Exclusive Global Positioning Equipment Senior Sponsor of the World Expo 2010. Purchased Magellan Navigation and the Consumer Satellite Navigator BU of its subsidiary to make Magellan