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Hamamatsu Corp. - Earth Innovations LB 2/24

ROHM To Buy 1.3M eMagin Shares

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HOPEWELL JUNCTION, N.Y., & KYOTO, Japan, April 5 -- ROHM Co. Ltd. is purchasing about 1.3 million EMagin shares at 78 cents a share, as well as warrants to buy an additional 512,820 common shares at 85 cents each. The companies also agreed to explore cooperative activities such as outsource manufacturing, design and distribution; they also said they expect to explore integrated circuit chips to be incorporated into eMagin's microdisplays for consumer applications, such as camera or camcorder viewfinders, and joint product development or other opportunities. ROHM and eMagin, both licensees...Read full article

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    Published: April 2002
    ConsumerindustrialNews & Features

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