Japanese firm buys Explay tiny projector startup for a song
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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About the Author, Dean Takahashi
Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. Dean previously worked at the San Jose Mercury News, the Wall Street Journal, the Red Herring, the Los Angeles Times, the Orange County Register and the Dallas Times Herald. He is the author of two books, Opening the Xbox and the Xbox 360 Uncloaked. Follow him on Twitter at @deantak, and follow VentureBeat on Twitter at @venturebeat.
