Kopin Acquires European Manufacturer of Reflective Microdisplays for $15M

Building on its leadership in full-color microdisplay technology for high-performance applications, Kopin Corporation (NASDAQ:

) today announced that it has acquired all of the outstanding common stock of Scotland-based Forth Dimension Displays Ltd. (

), an industry leading provider of all-digital, ultrahigh-resolution, near-to-eye ferroelectric reflective microdisplays. The purchase price was approximately $11 million in cash plus an earnout provision if certain revenue milestones are reached within one year of the purchase date.