Wistron named as Polymer Vision purchaser

29 October 2009 14:34 GMT / By Amy-Mae Elliott

The mysterious, unnamed Asian company that saved Polymer Vision from closing completely after in went bankrupt earlier this year has been named as Taiwanese ODM Wistron.

Polymer Vision was closed down by its Dutch parent company for financial reasons, back in July.

The company's consumer offering that never made it to market was the Readius, a fully-functioning 3G mobile phone with a 13cm fold-out black and white E-Ink-type display for reading documents, newspapers, books, etc.

DigiTimes now reveals that Wistron's board of directors has officially approved the company's 12 million euro acquisition of Polymer Vision.

The Polymer Vision team have stated they will "continue to focus on research and development of rollable display with the goal of taking the technology to mass production", but it's unclear whether the Readius itself will survive.

Via: digitimes.com

Full tags

Phones, Wistron, Polymer Vision, Acquisitions, Biz, eBook readers