It was brought to my attention that AltaSens, Inc. has announced that it has been wholly acquired by JVC KENWOOD on Aug. 10, 2012. After the acquisition Altasens becomes a wholly owned subsidiary of JVC KENWOOD.
"AltaSens’ products and technology have tremendous applicability to JVC KENWOOD’s existing products such as security camera, professional video camera, and future product developments," said Kensuke Kawai, JVC KENWOOD’s Officer and CTO. "AltaSens will be aiming to accelerate growth as a self‐standing company with numerous outside world‐class customers and tremendous sales potential in this rapidly growing industry."
Lester Kozlowski, AltaSens Founder, CTO, and COO stated, "We are extremely excited by this acquisition and the tremendous opportunity to work even more closely with JVC KENWOOD in the future. We are equally as thrilled with the renewed focus on quickly creating unique products leveraging innovative sensor technology for our existing and prospective customers. We consequently look forward to once again providing the world’s best image sensors."
JVC Kenwood CTO Kensuke Kawai becomes Altasens' President and CEO.
The news appears to be announced only on Altasens web site. Thanks to PM for pointing me to it!
Update: I was told that AltaSens used to be a fully owned subsidiary of Olympus Corp. Now JVC-Kenwood aqcuired it from Olympus. With this AltaSens becomes a fully owned subsidiary of JVC-Kenwood.