Prime View International (PVI) announced that it will acquire E Ink for 215M$. PVI is actually the world's highest volume supplier of ePaper display modules.
This is interesting news. On one hand it might prove useful as we'll have one company that has the E Ink IP and technology, and also manufacturers the displays. On the other hand it might push other display makers into competitive technologies.
Financially speaking, it's probably a disappointed for investors who have given 150M$ to E Ink over the years. Not a very good return on investment...
As part of the release, we learned the E Ink had 18M$ in sales in 1Q 2009, an impressive number.
Posted: Jun 01,2009 by Ron Mertens