THIN: Conditional Agreement to Acquire Kovio NFC Technology

Conditional Agreement to Acquire Kovio NFC Technology

Oslo, (PresseBox) - Thin Film Electronics ASA ("Thinfilm") (OSE: THIN.OL) has entered into a conditional agreement for the acquisition of printed near field communication (NFC) technology developed by Kovio, Inc. The Kovio NFC communication protocol is supported by the Google Android platform and major NFC controllers. Under the terms of the agreement, Thinfilm will acquire the Kovio intellectual property and manufacturing facilities, subject to certain conditions. The transaction is expected to close by the end of January, at which time Thinfilm will communicate additional information on its wireless roadmap and invite analysts for a company briefing in Oslo.

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.

I want to subscribe to the gratis press mail and have read and accepted the conditions.