The major stylus maker and industry leader of digital design via human input devices (a stylus pen, duh) is now partnered with Samsung. A 5% voting stake in the company valued at $58.9 million was purchased by Samsung to help support their use of Wacom technology inside of the S Pen which is used in the Galaxy Note II and a couple of their tablets.
But it’s more of a long-term deal: By 2014 the entire net amount raised from the sale of shares will be invested in “product development and manufacturing and supply system enhancements for products to be supplied to Samsung Electronics,” and that Wacom plans “expand its relationship” with Samsung even further.”
More business, more gadgets. That’s what is happening in retrospect. Via: Wacom (PDF)