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NewsPoster Jan 31, 2013 12:27 PM
Samsung to purchase five percent share of Wacom for $58.2M
<a href="" rel='nofollow'>Samsung</a> is buying a stake in Japanese digitizer and <a href="" rel='nofollow'>graphics tablet</a> firm <a href="" rel='nofollow'>Wacom</a>, 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. <br />
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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 <a href="" rel='nofollow'>Galaxy Note</a>, with the displays using the pressure-sensitive stylus. It has also been speculated that the <a href=" ines/" rel='nofollow' target="_self" title="">Galaxy S IV</a>, 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 <a href="" rel='nofollow' target="_self" title="">by</a> Wacom, and picked up <a href="" rel='nofollow' target="_self" title="">by</a> <em>Android Authority</em>, 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.
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