Samsung Display has announced that its acquisition of eMagin was completed in an all-cash transaction valued at approximately $218 million. Following the acquisition, eMagin’s shares have stopped trading, and they will no longer be listed on the NYSE once the delisting application is approved by the Securities and Exchange Commission.
eMagin will continue its operations in its Hopewell Junction, New York facilities and will serve its existing military, medical, and commercial customers. Samsung’s acquisition of eMagin aims to speed up the development of its Direct Patterning Technology, dPd.
Following the acquisition, eMagin’s shares have stopped trading, and they will no longer be listed on the NYSE American exchange once the delisting application is approved by the Securities and Exchange Commission.
