# Samsung Display to acquire eMagin for $218 million

Samsung Display has entered into a definitive merger agreement to acquire eMagin Corporation for $2.08 per share in cash, valuing the transaction at approximately $218 million. eMagin is a U.S. leader in OLED microdisplays for AR/VR and near-eye imaging products.

- Type: Acquisition
- Announced: 2023-05-17
- Where: Hopewell Junction, New York, United States
- Value: $218.0M
- Status: announced
- Products: OLED microdisplays
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Samsung Display](https://endata.com/companies/15660.md) (acquirer)
- [eMagin Corporation](https://endata.com/companies/70350.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/05/17/2671072/0/en/emagin-enters-into-definitive-merger-agreement-with-samsung-display.html), 2023-05-17: "eMagin Corporation ... today announced that the Company has entered into a definitive merger agreement with Samsung Display Co., Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.