Samsung Buys Clairvoyante

Samsung Electronics has acquired the IP assets of Clairvoyante Inc., a Cupertino, Calif.-based developer of sub-pixel technology for flat-panel displays and monitors. No financial terms were disclosed. Clairvoyante had raised over $20 million in VC funding since 2001, from firms like American River Ventures, Angels Forum, Intel Capital, Rocket Ventures, Pacifica Fund and Selby Venture Partners. 

 

PRESS RELEASE

 

Samsung Electronics today announces the acquisition of IP assets of Clairvoyante Inc., an IP licensing company responsible for the development of PenTile