Daktronics (DAKT) announced the acquisition of the intellectual property, equipment assets and technical expertise from X Display Company Technology, which is involved in mass-transfer processes and MicroLED technology. Daktronics believes that the acquisition will continue to differentiate Daktronics in all segments of its business, and that it represents another step forward in Daktronics’ product innovation strategy, which is designed to accelerate growth and enhance competitive positioning.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAKT:
- Daktronics Reports Strong Growth Amid Challenges in Earnings Call
- Midday Fly By: SK Hynix weighs U.S. listing, GE Vernova doubles dividend
- Morning Movers: Chewy climbs following third quarter results
- Daktronics Approves $20 Million Share Repurchase Plan
- Daktronics continues to focus on generating profitable growth long term