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Kopin Acquires Super Epitaxial

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TAUNTON, Mass., Oct. 31 -- Kopin Corp. has acquired a privately held, Columbia Md.-based provider of advanced semiconductor materials and devices. Kopin acquired the company, Super Epitaxial Products Inc., for about 1.7 million shares of Kopin stock, worth about $25 million, in exchange for all outstanding shares of Super Epitaxial Products. Kopin will take a one-time charge of no more than $0.07 per share as a result of purchased in-process research and development and other expenses during this year's fourth quarter, the company said. We are extremely excited about acquiring a...Read full article

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    Published: October 2000
    CommunicationsConsumerindustrialNews & Features

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