Who owns and runs Ablecom and Compuware

analysisSupermicro's 2007 registration statement for its initial public offering showed how closely Ablecom was held by Supermicro's founders. At September 30, 2006 Charles Liang and Chiu-Chu (Sara) Liu Liang jointly owned about 30.7% of Ablecom's common stock and Yih-Shyan (Wally) Liaw and his wife about 5.2%, and Charles Liang, Sara Liu, Wally Liaw, Steve Liang and their relatives together owned over 80% of Ablecom. Charles Liang served as an Ablecom director during Supermicro's fiscal 2006 but no longer did so. Steve Liang, Ablecom's chief executive and Charles Liang's brother, had been a member of Supermicro's board until December 31, 2005 and beneficially owned about 4.5% of Supermicro's common stock before the offering. ¹

analysisLater filings show a smaller but steady founders' stake. Charles Liang and Sara Liu together owned about 10.5% of Ablecom at each date reported from June 30, 2016 to June 30, 2026. Steve Liang and other Liang family members, including other brothers of Charles Liang, owned about 36.0% at June 30, 2016 and 2017; Steve Liang and his family members owned about 28.8% throughout fiscal 2018 and 2019 and at June 30, 2022 and 2023, about 35.0% at June 30, 2024 and 2025 and about 35.5% at June 30, 2026. Bill Liang sat on Ablecom's board and owned about 1.8% of it at June 30, 2025. The annual report for fiscal 2017 adds that Supermicro does not and never did own any Ablecom stock. ^{2 3 4 5 6 7 8 9}

analysisRelatives of Wally Liaw, a Supermicro director until January 2018, hold another large block. “Certain family members” of Liaw owned about 11.7% of Ablecom according to Supermicro's filings for fiscal 2017 to 2019, when Liaw was Senior Vice President of International Sales and a director until January 2018, and “a sibling” of Liaw owned about 11.7% of Ablecom and 8.7% of Compuware according to the filings for fiscal 2024 to 2026. The filings name neither the sibling nor the family members, and no record reviewed identifies them. The annual report for fiscal 2026 adds that Liaw was no longer an employee or director of Supermicro at June 30, 2026. ^{9 7 8 2 3 4}

analysisSupermicro's filings describe Steve Liang as Ablecom's chief executive and largest shareholder; the annual report for fiscal 2024 states that he owned no Supermicro shares at June 30, 2022, 2023 or 2024. Whether Ablecom or Steve Liang held a small Supermicro stake in 2017 is left unresolved by the filings themselves. The annual report for fiscal 2017 says in its risk factors and related-party note that Ablecom owned about 0.4% of Supermicro's common stock at June 30, 2017, but in its related-transactions section that Steve Liang did; the amended quarterly report for the quarter ended March 31, 2017 also says Ablecom held about 0.4% at that date. The 2020 proxy statement and the annual report for fiscal 2019 attribute the 0.4% to Steve Liang and state that he owned no shares from June 30, 2018, and each annual report reviewed from fiscal 2020 to fiscal 2026 states that he owned none at the three most recent year-ends. None of the later filings reviewed corrects or explains the fiscal 2017 report's statements that Ablecom held the 0.4%. ^{8 7 2 3 4 10 11 9}

analysisTaiwan's company register lists Ablecom Technology Inc. (大訊科技股份有限公司), unified business number 97489483, as an approved company with overseas Chinese or foreign investment, incorporated on April 29, 1997, with paid-in capital of NT$1,351,268,070 in 135,126,807 shares, 梁見發 (Steve Liang) as its representative and an address at No. 306, Chang'an Street, Bade District, Taoyuan. The register's history shows paid-in capital rising from NT$623,146,300 in the entry of June 12, 2014 to NT$1,351,268,070 in the entry of November 27, 2014, at an earlier address, 5F, No. 228, Liancheng Road, Zhonghe District, New Taipei; that is the address given for Ablecom in its 2007 manufacturing agreement with Supermicro. ^{1 2}

analysisFor the board term from July 27, 2024 to July 26, 2027 the register lists Steve Liang as Ablecom's chairman with 10,779,976 shares, 梁見達 (Bill Liang) and 温錦坤 as directors with 2,389,346 and 11,500 shares, and 廖春美 as supervisor with 15,830,280 shares, out of 135,126,807 issued shares. ¹

analysisLeadtek Research Inc., in which Ablecom is a major shareholder, published Ablecom's ten largest shareholders as of March 25, 2025 in its annual report and again in a notice of April 13, 2026: Globelight International Technology Inc. 11.99%, 廖春美 11.72%, 緯城國際投資股份有限公司 11.13%, 易展投資股份有限公司 8.94%, Steve Liang 7.97%, 梁見國 (James Liang) 6.52%, 劉秋菊 (Sara Liu) 5.59%, 梁見後 (Charles Liang) 4.87%, Top Investment Inc. (尖端投資股份有限公司) 4.32% and 張建存 (Chien-Tsun Chang) 4.16%. The 2026 notice describes James Liang as Steve Liang's younger brother, Charles Liang as his elder brother, Sara Liu as the elder brother's wife and Chien-Tsun Chang as Steve Liang's spouse. Supermicro's filings put Charles Liang's and Sara Liu's joint Ablecom holding at about 10.5%. ^{3 4}

analysisSupermicro's filings describe Bill Liang, a brother of both Charles Liang and Steve Liang, as Compuware's chief executive, a member and later chairman of its board, the holder of a significant equity interest in it and a member of Ablecom's board, and Steve Liang as a member of Compuware's board and an equity holder. The March 2026 proxy statement states that at June 30, 2025 Bill Liang and his family members owned about 16.0% of Compuware and Ablecom about 15.0%, and that neither Charles Liang nor Sara Liu owned any Compuware stock; the annual report for fiscal 2026 repeats these percentages without a separate date and adds that Supermicro owns no Ablecom or Compuware stock. Ablecom's stake is below 50%, but the 2023 proxy statement explains that Compuware remains a related party because Ablecom still has significant influence over its operations. ^{1 2 3 4 5}

analysisTaiwan's register lists Compuware Technology Inc. (肯微科技股份有限公司), unified business number 27448539, as an approved company with overseas Chinese or foreign investment, incorporated on September 20, 2004, with paid-in capital of NT$726,115,000 in 72,611,500 shares, 梁見達 (Bill Liang) as representative and an address at 5F, No. 232, Liancheng Road, Zhonghe District, New Taipei. For the board term from November 29, 2023 to November 28, 2026 it lists Bill Liang as chairman with 4,698,100 shares, Steve Liang and 鄭慶陽 as directors with 2,500,000 and 457,200 shares, and 廖春美, who is also Ablecom's registered supervisor, as supervisor with 6,238,800 shares, out of 72,611,500 issued shares. ^{6 7}

analysisLeadtek's annual report published in March 2025 lists Compuware's largest shareholders as of March 25, 2025: Ablecom 14.91%, 傑騰投資股份有限公司 13.85%, 易展投資股份有限公司 11.35%, Ablestnet Computer Inc. (亞科數位科技股份有限公司) 9.34%, 緯城國際投資股份有限公司 9.00%, 廖春美 8.67%, Bill Liang 6.49%, James Liang 3.61%, a further individual 3.53% and Steve Liang 3.47%. ⁸

analysisAblecom's largest shareholder, Globelight International Technology Inc., with 11.99%, is wholly owned by 劉洪毅, according to Leadtek's annual report published in March 2025. The record gives no other information about Globelight or 劉洪毅 and does not describe any connection between them and the Liang or Liaw families. ¹

analysisTwo of the investment companies belong to International Business Server Company Limited, registered in Mauritius. Taiwan's register shows it holding all 67,128,410 shares of 緯城國際投資股份有限公司 (unified business number 54307267, incorporated on October 30, 2013, with NT$671,284,100 of capital for general investment and real-estate business), whose chairman, as the shareholder's representative, is 張建存 (Chien-Tsun Chang), and all 48,381,000 shares of 傑騰投資股份有限公司 (83435213, incorporated on March 10, 2020, with NT$483,810,000 of capital), whose chairman, representing the same shareholder, is Steve Liang. Through these two companies the Mauritius company stands behind 11.13% of Ablecom and 13.85% and 9.00% of Compuware, according to the register and Leadtek's shareholder lists. Neither the register nor Leadtek's report names the owners of International Business Server Company Limited. ^{2 1 3}

analysis易展投資股份有限公司 (28879583), incorporated on November 16, 2007 with NT$168,000,000 of capital for general investment and real-estate business, is registered with Steve Liang as chairman and representative, holding 4,956,200 shares, and Chien-Tsun Chang as supervisor, holding 4,906,400 shares, for its last registered board term, December 12, 2018 to December 11, 2021. Leadtek's report puts Steve Liang's holding at 29.50% and Chien-Tsun Chang's at 29.20%, with eight other individuals holding the rest; the company owns 8.94% of Ablecom and 11.35% of Compuware. The register gives 易展, 緯城 and 傑騰 the same address: 5F, No. 226, Liancheng Road, Zhonghe District, New Taipei. ^{4 1 2 3}

analysisAblestnet Computer Inc. (亞科數位科技股份有限公司, 86223917), incorporated on June 25, 1991 with NT$29,800,000 of capital, owns 9.34% of Compuware; it is chaired by Bill Liang, with 506,181 registered shares, alongside a supervisor holding 478,381 shares, for the board term February 11, 2022 to February 10, 2025, and Leadtek's report puts Bill Liang's holding at 17%, with four other individuals holding 16% to 22% each. Top Investment Inc. (尖端投資股份有限公司, 24761134), incorporated in Taipei on October 24, 2014 with NT$105,131,410 of capital for general investment business, owns 4.32% of Ablecom; its representative is 鄭慶陽, a registered director of Compuware, whose holding Leadtek's report puts at 48%, with other individuals holding the rest. ^{5 1 6 7}

analysisLeadtek's annual report published in March 2025 also lists the brothers' other posts. Steve Liang, a Leadtek director as Ablecom's representative, is chairman of Ablecom and of 展訊精密工業股份有限公司 and a director of Compuware and of Ablecom Technology Sdn Bhd. Bill Liang, a Leadtek director as Compuware's representative, is chairman of Compuware and of 肯微（東莞）智能電子科技有限公司 and a director of Ablecom and of Compuware Technology Sdn Bhd. Both were elected to Leadtek's board on December 27, 2023, and the report describes them as brothers. ¹

analysisA business-register aggregator lists Ablecom as a shareholder and corporate director of eight Taiwanese companies: 捷訊精密工業 (42702833), 展訊精密工業 (42702849), 訊盟科技 (42702854), 廣訊精密工業 (42702860), 美超微管理顧問 (53842945, Super Micro Management Consulting Inc.), 金大科技 (54705758), 詠訊科技 (83702843) and 緯訊科技 (83702920). The aggregator does not state the size of Ablecom's stakes, and apart from Super Micro Management Consulting Inc. the companies' own register pages were not retained. Taiwan's official register confirms that entry: Ablecom holds 500,000 shares of Super Micro Management Consulting Inc. and appoints its chairman and one other director. ²