MAPLEWOOD, Minn., Nov. 12 -- 3M Co. announced today it has agreed to pay $850 million in cash for Corning Precision Lens Inc., the largest worldwide manufacturer of lens systems for rear-projection televisions. Corning Precision Lens, based in Cincinnati, is a wholly-owned subsidiary of Corning Inc., based in Corning., N.Y. 3M said it believes display components represent a multibillion-dollar growth industry. Digital videodiscs, or DVDS, and high-definition televisions are driving the growth in this industry as more consumers purchase large-screen, rear-projection TVs for home theaters, the...Read full articleRelated content from Photonics MediaArticlesSpectroscopy and Machine Learning Focus Lens on Far Reaches of the UniverseResearchers from the ARC Centre of Excellence for All Sky Astrophysics in 3 Dimensions (ASTRO 3D) and the University of New South Wales (UNSW) Sydney spectroscopically confirmed a number of strong...Photonics.com 10/11/2022Liquid Crystal Optics Support High-Performance Compact VR DisplayVirtual reality (VR) and mixed reality (MR) devices are used to access applications in a growing number of fields, from entertainment to health care to manufacturing to tourism. 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