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Amazon picks up Liquavista, the Samsung-owned touchscreen company

Amazon acquires Liquavista, a color touchscreen technology company

| Business, Financial & Legal News | Posted: May 14, 2013 8:33 am

Amazon has acquired Liquavista, a touchscreen company previously owned by Samsung. This acquisition has sparked rumors that Amazon could be planning to use the company's technology and expertise in future Kindle devices. A specific purchase price was not available, though the price was likely less than $100 million.

 

TweakTown image news/3/0/30363_2_amazon_picks_up_liquavista_the_samsung_owned_touchscreen_company.jpg

 

Liquavista will likely lead Amazon to producing a full-color, low-power touchscreen for its Kindle line of e-readers. "We are always looking for new technologies we may be able to incorporate into our products over the long term. The Liquavista team shares our passion for invention and is creating exciting new technologies with a lot of potential. It's still early days, but we're excited about the possibilities and we look forward to working with Liquavista to develop these displays," an Amazon spokesperson said.

NEWS SOURCE
News.cnet.com

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