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Acquires NFC, silicon ink IP
January 22, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Thin Film Electronics ASA (Thinfilm) announced that it has completed acquisition of Kovio technology, intellectual property and manufacturing assets, and has opened the Thinfilm NFC Innovation Center in the heart of Silicon Valley. Thinfilm paid $2.7 million in cash and $1.0 million in equity, consisting of 1.0 million of Thinfilm shares, acquired by Kovio creditors at 5.92 NOK/share. “Adding NFC to our printed electronic memory and sensor platform will allow the seamless exchange of informat...
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