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You are here: MacNN Forums > News > Tech News > Report: Samsung seeks sale of Liquavista to Amazon

Report: Samsung seeks sale of Liquavista to Amazon
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Mar 22, 2013, 01:54 PM
 
Samsung is looking to sell Liquavista to Amazon, and are currently in private discussions with the online retailer, according to a report. The electronics manufacturer is said to want the sale of the Dutch company, a maker of e-reader display technology, after the acquisition in 2011 "didn't meet its expectations."

Liquavista specializes in electrowetting, a technique that allows e-paper to have a performance that is close to an LCD. Refreshing 70-times faster than normal e-paper systems, it can also play color video and offer twice the light transmittance of an LCD at a tenth of the power requirements. Such a technology would be useful for Amazon, considering its best-selling line of Kindle e-book readers.

Sources of Bloomberg claim that the sale could be for less than $100 million, though it is not clear how far into discussions the two companies are, and if they are close to a final price.
     
   
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