Friday, January 21, 2011

BPN 1562 Samsung acquires Liquavista

This is great news for the e-book and iPad world. Technology analogue to the e-Ink display technology will now be further developed and implemented by Samsung but with colour and video. Liquavista is interesting to display producers for their LCD processes can handle 90 percent of the Liquavista production process; it will make the production process into a LCD 2.0 exercise. This will make the display cheaper than the e-Ink display at its start.
I gues that we will see Liquavista displays implemented by next year. Guess that the Samsung Galaxy will be the first implementation. It will be a winner superceding the iPad.

This is the press release of this morning:

Eindhoven (The Netherlands) - 20 January 2011: Today, Liquavista BV., 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 newly appointed CEO of Liquavista, “the outright acquisition of Liquavista 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.”
The acquisition has also resulted in a number of changes in Liquavista’s management team. Johan Feenstra has succeeded Guy Demuynck as the company’s CEO .
“In the future, consumers will need products that not only support full color and video but offer readability in all lighting conditions and gives them ultimate freedom and portability.” Johan Feenstra added, “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.”

BPN 1562

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