Announced

Nanosys to acquire glō.

Synopsis

Nanosys, a provider of quantum dot light emitting materials and technology, agreed to acquire glō, a technology company for microLED displays. Financial terms were not disclosed. "Nanosys created a vibrant, growing marketplace for our proprietary quantum dot technology over the past two decades. Combining the best Quantum Dot and microLED technologies allows Nanosys to unlock the disruptive potential of microLED by lowering production cost and maximizing performance. Together, we can create the smallest, brightest, lowest cost pixels that will enable microLED to penetrate the mainstream TV market and open the doors for new applications in AR, automotive and beyond," Jason Hartlove, Nanosys President and CEO.

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