Vital to acquire ceramic target business of Samsung Corning Advanced Glass.

Vital Materials, a global materials technology company, agreed to acquire ceramic target business of Samsung Corning Advanced Glass, a joint venture between Samsung Display and Corning. Financial terms were not disclosed. "We are very pleased to have executed a definitive agreement for the acquisition of SCG’s ceramic target business. The combination of the two companies will extend the market reach for all parties and opens new high-growth markets for the combined company. Vital will continue to grow and invest to extend downstream capabilities to support our customers with innovative solutions for today’s fast changing technologies," Olivier Bracher, Vital Vice President.