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NewsPoster Mar 22, 2013 12:54 PM
Report: Samsung seeks sale of Liquavista to Amazon
Samsung is looking to sell <a href="" rel='nofollow'>Liquavista</a> 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 <a href="" rel='nofollow'>acquisition</a> in 2011 "didn't meet its expectations."<br />
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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 <a href="" rel='nofollow'>color video</a> 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 <a href="" rel='nofollow'>Kindle</a> e-book readers. <br />
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Sources of <em>Bloomberg</em> <a href="" rel='nofollow' target="_self" title="">claim</a> 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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