TERMS AGREED TO ACQUIRE VISUAL SEMICONDUCTOR, INC.
- charlotte914
- Apr 14
- 2 min read
Released 13:24:24 14 April 2025
RNS Number : 9407E
Incergo S.A.
14 April 2025
[Vienna, 14 April 2025] Incergo S.A. ("Incergo") is delighted to announce that it has agreed terms to acquire Visual Semiconductor, Inc. ("VSI"), which is a fast growing and exciting semiconductor company, into the Group. VSI is at the forefront of next-generation glasses-free 3D technology, transforming the way users experience digital content. Specializing in cutting-edge 3D ASIC chips, VSI is pioneering large-scale 3D displays for live events, digital advertising and cinema, delivering immersive experiences without the need for special eyewear.
Incergo has entered into negotiations to acquire VSI for a consideration up to EUR 53 million by way of a loan note which, subject to regulatory approvals, will be fully settled by way of conversion to shares at EUR 2.00 per share.
VSI's Founder & CEO Mathu Rajan said, "Joining Incergo is a crucial milestone that will allow VSI to commence significant commercialization of our 3-D televisions. We intend to hit the ground running and start fulfilling purchase orders."
Commenting on the announcement, the management of Incergo, stated: "This marks an exciting new acquisition for Incergo. The acquisition of VSI aligns with our strategy to drive long-term value for our shareholders"
The transaction remains subject to final agreements and customary regulatory approvals. Further updates will be provided as the acquisition progresses.
About Incergo
Incergo S.A is a holding company that brings together businesses with a unique formula for growth. https://www.incergo.net/
About Visual SemiConductor, Inc
Visual SemiConductor, Inc ("VSI") is a U.S. based Deep Tech company specializing in Glasses-Free 3-dimensional television monitor-based technology for a wide array of utilities, including virtual reality, augmented reality, 3D, and holograms. Its breakthrough technology - which has been brought to maturity through years of careful research and development - allows content to be displayed in unparalleled rich and natural three dimensions directly on device screens. The technology allows for a continuous, 140-degree viewing angle and provides an optimal quality 3D experience for multiple viewers without the need for glasses, cameras, or head-tracking.
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Franziska Grobler Financial Media Group
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