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Materials
BASF invests in waveguides
January 23, 2006
| A version of this story appeared in
Volume 84, Issue 4
BASF's venture-capital subsidiary will invest $2 million in Wilmington, Del.-based RPO, which develops optical waveguide technology used in handheld devices. Other companies investing in the $9.7 million financing round include GE Equity and Jafco Asia. RPO's waveguides are a component of optical touch technology, which BASF calls an improvement over resistive touch technology for flat-panel displays. BASF cites predictions that the market for touch screens in handheld devices will reach $330 million by 2008.
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