Re: MARKET NEWS | Wed Jan 18, 2017 | 9:26am EST BRIEF-Uni-Pixel- GIS shall make $6 mln cash investment within a month of execution of definitive agreement
posted on
Jan 18, 2017 07:44PM
XTouch Metal Mesh Touch Sensors and Diamond Guard Hard Coat Resin (Glass Replacement Technology)
Thanks for your input, DABOSS.
UniPixel will benefit from the manufacturing expertise and scale of GIS to address the volume production requirements of our multiple design wins. An additional benefit is a potential path to Asia-based manufacturing in parallel with our Colorado Springs production.
We have great tech, but have yet to manufacture it on a large scale--GIS appears to have the large scale production expertise--I like the part that says "to address the volume production requirements of our multiple design wins". Possibly we are about to hear of more design wins in the near future which would require this more rapid ramp up of the manufacturing process. I hope this thing really takes off and a buy out is fine with me, so long as it is not too early.
Do you think that the recently modified patent agreement that we signed with Atmel, that seemed to discuss sublicensing etc. was done with this deal in mind?