Physical AI News (Japan)

Physical AI, robotics and compute — reported from Japan.

日本語
· Partnerships & M&A· 日本語で読む

UniChem Announces Acquisition of U.S. Company Lumia

South Korean materials maker UniChem announced it has agreed on terms to acquire all shares of U.S. flexible electronics company Lumia Technologies.

What happened

BigGo Finance reported Aug. 6 that UniChem had signed a term sheet to acquire all shares of Lumia Technologies, which is headquartered in Brooklyn, New York. According to the report, the acquisition will proceed through due diligence and negotiations toward a definitive agreement.

Sources

Translated from the Japanese original: /news/uni-chem-loomia-wo-baishuu-shi-hyuumanoido-muke-denshi-sukin-7cea47. The Japanese version is authoritative if they differ.