Samsung Electronics to acquire eMagin for $218m.

Samsung Electronics, a South Korean multinational electronics corporation, agreed to acquire eMagin, an American electronic components manufacturer, for $218m. "This agreement is a validation of our technical achievements to date including our proprietary direct patterning (dPd) technology, provides a significant premium for our shareholders, and represents a win for our customers and employees. By teaming with Samsung Display, we will be able to achieve the full potential of our next-generation microdisplay technology with a partner that can provide the resources and expertise we will need to scale production. Moreover, our customers will benefit from resulting improvements to our production capabilities in terms of yield, efficiency, and quality control," Andrew G. Sculley, eMagin CEO. On August 31, 2023, eMagin stockholders approve acquisition by Samsung Display.