PVI buys E Ink
Taiwanese outfit writes $215 million cheque
Tuesday, 2 June 2009, 12:07
TAIWAN'S Prime View (PVI) has bought US firm E Ink Corp., maker of the electronic paper displays for the Amazon Kindle and Sony Reader.
The deal is worth $215 million and will create a large company to make electronic paper. PVI makes e-paper display modules. Between the two outfits they look after 20 e-book manufacturers worldwide.
Based upon the AP report, the merged company is set to expand and no workers will lose their jobs. µ
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