Japanese firm buys Explay tiny projector startup for a song

December 30th, 2009

Japan’s ADM has purchased Israeli startup Explay for $550,000. Investors put an estimated $7 million into the maker of pico-projectors, which can be used in cell phones or other devices to project bright images onto walls. Texas Instruments, which makes digital light processing chips, is a leader in this market.

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Japanese firm buys Explay tiny projector startup for a song

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