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Samsung buys 5 percent stake in Wacom, costs $58.2 million

Samsung buys $58.2 million stake in Wacom, producer of stylus and touch input devices

| Business, Financial & Legal News | Posted: Jan 31, 2013 11:01 pm

Samsung has invested $58.2 million in Wacom, which equates to a 5 percent stake in the company. Wacom is the maker of pressure-sensitive styluses and is the company that provided the stylus tech used in Samsung's Galaxy Note devices. Samsung is bringing the stylus back to the smartphone, and it appears to be working.

 

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Wacom has said the investment will be used for product development, manufacturing, and enhancements to the supply chain, to be used for Samsung-supplied products. This goes to show that Samsung is planning on bringing the stylus to more devices than just its line of Notes. Are you ready for the stylus to make a come back?

NEWS SOURCES:Venturebeat.com

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