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Kopin Acquires Forth Dimension Displays

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TAUNTON, Mass., Jan. 19, 2011 — Nanosemiconductor company Kopin Corp. said it has expanded its display technologies portfolio by acquiring Scotland-based reflective microdisplays manufacturer Forth Dimension Displays (FDD) Ltd. for approximately $11 million in cash.

FDD makes ultrahigh-resolution reflective microdisplays used in cinematography, training and simulation, 3-D metrology and medical imaging. Kopin manufactures mobile computing headsets, ultrasmall liquid crystal displays for consumer and military applications and heterojunction bipolar transistors used in wireless handsets.

"With this acquisition we will be the only microdisplay manufacturer that can offer complete system solutions with either reflective or transmissive liquid crystal display technologies," said Kopin President and CEO Dr. John C.C. Fan.

The purchase price was approximately $11 million in cash plus an earnout provision if certain revenue milestones are reached within one year of the purchase date. FDD generated approximately $6 million in revenue in 2010 and Kopin projects that FDD will be accretive to 2011 earnings. All of FDD's key employees have agreed to join Kopin.

For more information, visit: www.kopin.com
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Published: January 2011
Glossary
cinematography
The technique of making motion pictures.
liquid crystal
Liquid crystals are a state of matter that exhibits properties intermediate between those of conventional liquids and solid crystals. In a liquid crystal, the molecules are ordered like those in a crystal, but they can still flow like a liquid. This unique combination of structural order and fluidity gives liquid crystals their distinctive characteristics and makes them valuable in various technological applications, particularly in display technology. Key features and characteristics of...
metrology
Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
microdisplay
A microdisplay is a miniature electronic display technology that is designed to project visual information onto a small screen. Unlike traditional displays, microdisplays are typically very compact and often used in applications where size, weight, and power consumption are critical factors. These displays can be based on various technologies, including liquid crystal display (LCD), organic light-emitting diode (OLED), digital light processing (DLP), and others. Key characteristics and...
reflective
The term reflective is an adjective that describes the ability of a surface or material to reflect light or other forms of radiation. It implies the capability of bouncing back or redirecting incident light waves. The reflective property is often quantified by the reflectivity or reflectance, which is the ratio of reflected light intensity to the incident light intensity. Key points about the term reflective: Surface property: When a surface is described as reflective, it means that the...
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