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News Breaks | | | | January 10, 2013 | | 07:57 EDT |  | KOPN | Kopin to sell III-V assets to IQE for $75M
Kopin has entered into an agreement to sell its III-V assets to IQE plc, a UK-based designer and supplier of advanced semiconductor wafers. The all-cash, $75M transaction will enable Kopin to focus exclusively on continued commercial development of Golden-i, the company’s mobile communications technology platform, as well as on its microdisplay products. The closing of the transaction is expected to occur next week. The company’s III-V revenues through the first nine months of 2012 were approximately $44M. Kopin will receive an up-front payment of $60M, and will receive the remaining $15M in January 2016 on the three-year anniversary of the transaction. | |
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News For KOPN From The Last 14 Days Check below for free stories on KOPN the last two weeks. |
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| May 8, 2013 | | 07:34 EDT |  | KOPN | Kopin backs 2013 revenue view $18M-$22M, consensus $20.05M
| | | 07:34 EDT | | KOPN | Kopin reports Q1 EPS 34c, consensus (7c)
Reports Q1 revenue $6.3M, consensus $5.14M. | |
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