DISPLAYS - Samsung goes shopping
21 January 2011
Liquavista BV. has announced that it has been acquired by Samsung Electronics in a buyout of all shares from the past shareholders.
Under the terms of this acquisition, Liquavista will be a fully owned affiliate of Samsung Electronics.
“We are thrilled by this event,” said Johan Feenstra, Liquavista’s Founder and CEO. “The outright acquisition by the largest electronics company in the world is the fulfilment of a strategy dating back to the original spin-out and, confirmation of the disruptive potential that our technology will have in the display market. In the future, consumers will need products that not only support full colour and video but offer readability in all lighting conditions and gives them ultimate freedom and portability. Being part of Samsung, we can all be sure that Electrowetting Display Technology will find its way to the market in the fastest possible time.”
Contact Details and Archive...