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Prime Ventures exits display technology provider Liquavista

Prime Ventures announced today that it sells its stake in Liquavista BV to Samsung Electronics Co., Ltd, a global technology innovation and digital convergence leader. Samsung acquires the firm Liquavista.

Eindhoven-based Liquavista, founded in 2006 as a spin-out from the Philips Research Labs, offers a new type of electronic display technology known as electro-wetting for applications in e-readers, mobile phones, media players and other mobile devices. The electro-wetting technology enables the creation of displays with bright, colorful images with dramatically reduced power consumption.

Prime Ventures acquired the stake from Philips in Liquavista as a part of the acquisition of seven companies from Philips. This is the first exit in this range.

Sake Bosch, managing partner Prime Ventures: 'It is wonderful to see that the high-end display technology which Liquavista offers, attracts a world leader in digital innovation, like Samsung. As an investor we are extremely proud of Liquavista'.

About Prime Ventures
Prime Ventures is a leading venture capital firm focusing on investing in European companies in the technology and related industries and leverages its capital, experience and network to actively guide them into global category leaders. The firm has invested in companies in the Benelux countries, United Kingdom, France, Finland and Sweden. From its offices in The Netherlands and the UK the independent partnership manages over 275 million euro in committed capital.
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For more information, please call:
Marloes Drost: +31 70 311 58 64, +31 6 150 905 12

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Prime Technology Ventures
+31 70 311 58 64

Company profile of Prime Ventures
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