Himax Technologies Acquires Nano 3D Mastering Assets, Related Intellectual Property and Business
January 29 2018 - 5:15AM
Himax Technologies, Inc. (Nasdaq:HIMX) (“Himax” or “Company”), a
leading supplier and fabless manufacturer of display drivers and
other semiconductor products, today announced the acquisition of
certain advanced nano 3D masters manufacturing assets and related
intellectual property and business from a US-based technology
company. The transaction is expected to be closed in February 2018.
Terms of the agreement were not disclosed.
The advanced nano 3D manufacturing masters are
primarily used in imprinting or stamping replication process to
fabricate devices such as diffractive optical element (DOE),
diffuser, collimator lens and micro lens array. The acquisition
brings Himax the very upstream master tooling capability to
supplement the company’s world leading wafer level optics (WLO)
technology, which is critical in its efforts to offer 3D sensing
total solutions. In addition, certain intellectual properties such
as those related to true grey scale image and micro lens arrays
will enable Himax to enter into new markets such as biomedical,
computational camera and niche displays, and develop more
sophisticated DOE and diffuser for future generation 3D sensing
solutions.
Himax IGI Precision Ltd. (“Himax IGI”), a wholly
owned subsidiary, has been established for the said acquisition.
Himax IGI, located in Minneapolis, Minnesota, will continue to
invest in the development of state-of-the-art nano 3D mastering
technology and solutions. The fact that the operation is US-based
will be an additional advantage for many of Himax’s US customers
who are leading technology breakthroughs and would appreciate a
strong local-based, early-stage R&D collaboration partner.
Jordan Wu, President and CEO of Himax, said,
“The team that are joining us along with the acquisition are true
experts in what they do and are arguably the best talents in the
world in the small but very technically challenging field of nano
3D mastering. We sometimes got frustrated by the less than
satisfactory result in our WLO product development, unsure whether
the issue was caused by the quality of the master or our own
product design or manufacturing. By adding mastering know-how into
our family, we can surely enhance the overall WLO product quality
and shorten our development cycle. I am sure many of our innovation
driven customers will be thrilled to hear that finally someone has
taken the right move to bring nano 3D mastering, design and
manufacturing of high precision optical structure product all under
the same roof.”
About Himax Technologies, Inc.
Himax Technologies, Inc. (NASDAQ:HIMX) is a
fabless semiconductor solution provider dedicated to display
imaging processing technologies. Himax is a worldwide market leader
in display driver ICs and timing controllers used in TVs, laptops,
monitors, mobile phones, tablets, digital cameras, car navigation,
virtual reality (VR) devices and many other consumer electronics
devices. Additionally, Himax designs and provides controllers for
touch sensor displays, in-cell Touch and Display Driver Integration
(TDDI) single-chip solutions, LED driver ICs, power management ICs,
scaler products for monitors and projectors, tailor-made video
processing IC solutions, silicon IPs and LCOS micro-displays for
augmented reality (AR) devices and head-up displays (HUD) for
automotive. The Company also offers digital camera solutions,
including CMOS image sensors and wafer level optics for AR devices,
3D sensing and machine vision, which are used in a wide variety of
applications such as mobile phone, tablet, laptop, TV, PC camera,
automobile, security, medical devices and Internet of Things.
Founded in 2001 and headquartered in Tainan, Taiwan, Himax
currently employs around 2,150 people from three Taiwan-based
offices in Tainan, Hsinchu and Taipei and country offices in China,
Korea, Japan and the US. Himax has 3,032 patents granted and 424
patents pending approval worldwide as of December 31st, 2017. Himax
has retained its position as the leading display imaging processing
semiconductor solution provider to consumer electronics brands
worldwide.
http://www.himax.com.tw
Forward Looking Statements
Factors that could cause actual events or
results to differ materially include, but not limited to, general
business and economic conditions and the state of the semiconductor
industry; market acceptance and competitiveness of the driver and
non-driver products developed by the Company; demand for end-use
applications products; reliance on a small group of principal
customers; the uncertainty of continued success in technological
innovations; our ability to develop and protect our intellectual
property; pricing pressures including declines in average selling
prices; changes in customer order patterns; changes in estimated
full-year effective tax rate; shortages in supply of key
components; changes in environmental laws and regulations; exchange
rate fluctuations; regulatory approvals for further investments in
our subsidiaries; our ability to collect accounts receivable and
manage inventory and other risks described from time to time in the
Company's SEC filings, including those risks identified in the
section entitled "Risk Factors" in its Form 20-F for the year ended
December 31, 2016 filed with the SEC, as may be amended.
Company Contacts:
Jackie Chang, CFO
Himax Technologies, Inc.
Tel: +886-2-2370-3999 Ext.22300
Or
US Tel: +1-949-585-9838 Ext.252
Fax: +886-2-2314-0877
Email: jackie_chang@himax.com.tw
www.himax.com.tw
Ophelia Lin, Investor Relations
Himax Technologies, Inc.
Tel: +886-2-2370-3999 Ext.22202
Fax: +886-2-2314-0877
Email: ophelia_lin@himax.com.tw
www.himax.com.tw
Ken Liu, Investor Relations
Himax Technologies, Inc.
Tel: +886-2-2370-3999 Ext.22513
Fax: +886-2-2314-0877
Email: ken_liu@himax.com.tw
www.himax.com.tw
Investor Relations – US Representative
Greg Falesnik, Managing Director
MZ North America
Tel: +1-212-301-7130
Email: greg.falesnik@mzgroup.us
www.mzgroup.us
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