Seven million dollars! Utech acquires 100 per cent stake in US display company E3 Displays

Industrial computer manufacturer U3 Displays announced on March 13 that it will acquire 100% of the equity of the US company E3 Displays, LLC (hereinafter referred to as E3D) in cash, with an estimated total transaction price of US$7 million. This transaction will be completed through a newly established US subsidiary and is expected to be completed before the third quarter of this year. It is expected to bring an annual revenue of NT$500 million to U3 Displays, accelerate U3 Displays' global market layout, and expand market channels such as government solutions, aerospace, satellite communications, and medical. U3 Displays is a leading manufacturer of rugged mobile solutions, focusing on key industries such as satellite communications, agriculture, logistics, maritime, transportation, and government solutions. Through this acquisition of E3D in the United States, it will be able to strengthen its vertical integration capabilities in the rugged computer market and allow U3 Displays to directly obtain E3D's proprietary optical bonding technology, which will not only enhance supply chain control and reduce procurement expenses, but also increase profit margins and reduce dependence on third-party suppliers. These advantages will significantly enhance the company's operational stability and resilience, and accelerate U3 Displays' expansion in the US market. E3D is a professional American customized display solution design and manufacturing company, mainly serving special markets such as industrial control, defense, aerospace and medical. Xie Yanpeng, CEO of Youtai Technology, said that E3D has rich professional knowledge and technical experience in the field of display technology and optical bonding. When combined with Youtai Technology's strong design capabilities, it will effectively optimize the product development process and jointly create high-performance displays and system solutions that are particularly suitable for use in extreme environments. The acquisition of the American company E3D symbolizes the important strategic layout of Youtai Technology in the North American market, and also shows the open attitude of the United States to foreign investment. The United States is a major center for global technological innovation and high-tech products. Through this acquisition, Youtai Technology expects to promote the development of the US market, grow together with E3D, achieve mutual benefit and win-win results, and further expand government programs, aerospace, satellite communications, medical and other diversified businesses, establish stronger local partnerships, and jointly promote more innovative projects to increase the company's market share in North America.
Through the acquisition of E3D in the United States, Youtai Technology will promote the market expansion of Youtai Technology by leveraging E3D's existing customer base in various industries. This transaction expands the product portfolio of Utech, enabling it to enter other professional vertical markets while maintaining its existing market focus. This acquisition will not only enhance Utech's technological competitiveness, but also increase the visibility of Utech's brand in the global market and create broader business opportunities. Utech said that it will continue to invest in innovative technologies in the future and work closely with E3D in the United States to promote more competitive products and solutions and provide more comprehensive services to global customers.