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Google (GOOG) has agreed to acquire a 6.3% holding in a subsidiary of Taiwanese chip company...

Google (GOOG) has agreed to acquire a 6.3% holding in a subsidiary of Taiwanese chip company Himax Technologies (HIMX) in order to help finance the development of display technology for head-mounted devices such as Google Glass. Google has an option to increase its stake to 14.8% within a year. Financial details weren't disclosed. Intel Capital is an existing investor in the unit. Himax shares surge 31%. (PR)
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Comments (4)
  • Mark Gomes
    , contributor
    Comments (1952) | Send Message
     
    PoisedToTriple Research has just upgraded HIMX http://bit.ly/1aDOoqT
    22 Jul 2013, 08:58 AM Reply Like
  • Aaron.Rhodes
    , contributor
    Comments (251) | Send Message
     
    Thanks for finding this one for me, Mark! Its beena turbulent ride, but I am glad I was patient enough to wait it out. there is still a bunch of upside.
    22 Jul 2013, 04:34 PM Reply Like
  • not a guest
    , contributor
    Comments (49) | Send Message
     
    himx is going to get explosive. this is massive news and the mkt will take notice.
    22 Jul 2013, 09:09 AM Reply Like
  • Mark Gomes
    , contributor
    Comments (1952) | Send Message
     
    Our complete coverage on $HIMX can be found on SeekingAlpha and PoisedToTriple:

     

    http://bit.ly/1aDQA1F

     

    http://bit.ly/11vCnSV
    22 Jul 2013, 09:15 AM Reply Like
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