Announced
Completed
Financials
Sources
Tags
Completed
Electronic Components and Equipment
Cross Border
Friendly
Majority
Germany
Acquisition
Private
screen manufacturer
technology company
Single Bidder
OLED producer
Synopsis
Samsung, a producer of electronic devices, completed the acquisition of Cynora, a display company, for $300m. As part of the deal, Samsung acquired Cynora’s intellectual property and technology but not its engineers. The Bruchsal, Germany-based company terminated its workforce in recent weeks as part of the transaction.
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