SMART acquires NextWindow

The NextWindow acquisition is expected to have minimal impact on both businesses day-to-day operations,offices and company structure. Both SMART and NextWindow are privately held companies.

NextWindow supplies optical touch components to manufacturers of PCs and other interactive displays. Its touch components are used in PCs and monitors sold by Dell,Hewlett-Packard,Lenovo,Medion,NEC,Samsung and Sony. The acquisition extends SMARTs current presence in the education,business and government sectors into the broader consumer market. SMART is also expanding its business in Asia,where NextWindow has already been active. In the past year,NextWindow has developed an Asian presence in Singapore,Taiwan and Korea.

SMART serves a range of markets,and it is timely to diversify our revenue base beyond the sectors we already serve, says Nancy Knowlton,SMARTs CEO. NextWindows core values,business model,patent portfolio and focus on the consumer market make it an attractive acquisition for us.