Dutch 3D technology company acquired by Beijing Kangde Xin Composite

KDX acquired 91% of the shares in Dimenco, and Leyard Optoelectronics will retain its position as minority shareholder. Dimenco, a technology spin-off from Philips Electronics, founded in 2010 and employing 19 people, focuses on Glasses-Free 3D Technology. Dimenco’s Glasses-Free 3D Technology is based on applying an advanced optical layer in front of the LCD screen to send different information to each eye, thereby creating the perception of 3D. The acquisition resulted from a technology license signed last year between the two companies. Subsequently both KDX and Dimenco worked closely together on developing, mass-manufacturing and marketing of Glasses-Free 3D displays. The acquisition by KDX is a logical next step to speed-up R&D and strengthen their joint position in the Glasses-Free 3D market. The Dimenco brand will be kept and will co-exist with the KDX 3D brand, K3DX. Dimenco will primarily focus on R&D and international sales. Their first jointly developed consumer products are expected to be released in early 2016.