Shoei Chemical completed the acquisition of quantum dot business of Nanosys.

Shoei Chemical, an electronic materials manufacturer, completed the acquisition of quantum dot business of Nanosys, an nanotechnology company. Financial terms were not disclosed. "Nanosys has been at the forefront of quantum dot technology, and we are thrilled to welcome them into the Shoei Chemical family. This acquisition represents a pivotal moment in our journey to accelerate growth and deliver greater value to our customers. We are confident that the synergy between our companies will drive unparalleled innovations in the quantum dot materials market," Shuichiro Asada, Shoei Chemical President.