Kopin Acquires Majority Stake in Low-Power Mixed-Signal IC Design Company e-MDT

Kopin Corporation has acquired the majority share of privately held e-MDT America, Inc. in Santa Clara, California an expert in low-power analog/digital circuit designs. e-MDT America specializes in designing ultra-low-power driver ICs and backplanes for many kinds of displays, including reflective liquid crystal on silicon (LCOS) displays. Terms of the transaction were not disclosed.

"The investment in e-MDT America is part of our strategy to provide our partners the best and most-complete technology portfolio of components and solutions for the emerging wearable computing market," said Dr. John C.C. Fan, CEO of Kopin Corporation. "e-MDT America is a recognized leader in the design of ultra-low-power mixed-signal circuits and should greatly enhance our capability in designing new smaller and lower power chip sets for wearable computing systems."

"We are delighted to join the Kopin family," said Jin Kim, president of e-MDT America. "Kopin has been a very close partner to e-MDT America for many years, and we believe we can contribute greatly to Kopin's strategy by meeting the needs of Kopin's customers to have low-power components in their wearable computing systems."