is buying a stake in Japanese digitizer and graphics tablet
, effectively ensuring the use of the latter's technology in future Samsung mobile devices. The agreement sees the Korean electronics manufacturer take ownership of five percent of the company, in a deal that is valued at $58.2 million.
The purchase is a logical move for Samsung, considering the two companies have worked together in incorporating Wacom's technology into both the first- and second-generation of Galaxy Note
, with the displays using the pressure-sensitive stylus. It has also been speculated that the Galaxy S IV
, expected to be announced in the near future, will have a Note-style stylus for input, as well as normal finger-based controls.
According to a document supplied by
Wacom, and picked up by Android Authority
, the deal consists of Samsung buying 20,996 common shares from Wacom at a cost of 255,510 yen ($2,810) per share on February 19. Wacom will be using the proceeds to "invest in product development and manufacturing," specifically for parts being used in Samsung products.