Confirmed: Samsung bought Liquavista
I just got a tip yesterday that Samsung bought the screen tech development company Liquavista. They have not announced the sale, but I did find this job listing from 20 December (translated from Dutch):
HR Manager The position As HR Manager you are contributing to the further development and growth of the organization. Ean of your main tasks in the initial phase is to establish a framework around employment such as pensions. The profile you have HBO / university working and thinking and at least 5 years experience in an all round HR function. You are used to operate in a "sales driven, dynamic and international organization. Also detects yourself the following skills: self pioneer Very flexible Proactive Pragmatic Visionary Energetic Excellent communication skills Excellent command of English spoken and written Willing to occasionally travel abroad Full time available (40 hours) The organization has a new Liquavista division of Samsung. The company is active in the field of display development. The offer Location: Eindhoven Salary: between, ¬ 3800, – and, ¬ 5000, – gross per month, excluding holiday and bonus. Contact Information Simon Onck 073-7511716 Reference number 5806 english home contact search login Compagnon Compagnon Jobs HR Manager vacancy
The translation doesn’t come through clear, but it does say that Liquavista are a new division of Samsung. I’ve also gotten confirmation from Natasja of ereaders.nl that Samsung are now listed as a corporate parent of Liquavista on the Netherlands Chambre of Commerce website. It doesn’t say how much Samsung own, just that they’re involved.
Natasja has better contacts with the companies so she followed up on the rumor. She reported that Liquavista have denied the story, but her Samsung contact admitted to having heard this being discussed in the office. He didn’t know that it had already happened, just that it was being discussed.
Now I understand why Samsung closed their screen tech r&d division back in August. They had already decided to work with Liquavista and they’d probably already started discussing buying the company.
in collaboration with ereaders.nl
Update (Tuesday): here’s a screen shot from the CofC website. It shows Samsung listed as one of the owners of Liquavista.
Second Update (Wednesday): One of Liquavista’s investors justthat they sold their share to Samsung:
Gimv sold its stake in Liquavista to Samsung Electronics Europe Holding Coöperatief U.A
The sale has a positive impact of EUR 4.6 million (EUR 0.20 per share) on Gimv’s last published equity value at 30 September 2010. Over the entire investment period, the shareholding’s return is in line with Gimv’s historic average. No further financial details on this transaction will be disclosed.