Radiant Optoelectronics Corporation (ROE) today announced the signing of a formal share purchase agreement to acquire the entire equity of Danish company NIL Technology ApS (NILT) , which has an equity value of approximately EUR 300 million. On the same day, ROE convened both its Audit Committee and Board of Directors, which passed resolutions approving the signing of the formal share purchase agreement. Deloitte & Touche has been appointed as ROE´s tax advisor for the acquisition, with DTT Attorneys-at-Law serving as legal advisor.

Founded in 2006, NILT has been focusing on the development of Meta-Optics for over 18 years. Nowadays, NILT is the world´s leader of nano-scale and microstructure master-making, and mass production processes for UV imprinting and etching. NILT operates research and production facilities in Denmark, Malaysia, Sweden, and Switzerland. For further information, visit NILT´s website: https://www.nilt.com.

Since founded in 1995, ROE has earned strong customer trust with its foundation in optical design, injection mold-making, and high-efficiency mass production in display sector. ROE´s current corporate strategy, known as "Dual-Engine Evolution," focuses on strengthening its core capabilities in optical product design, master-making, and processing through two key avenues: "Autonomic Strengthening" and "External Investments and Acquisitions."

ROE will integrate NILT´s technologies with Nanocomp´s (acquired in 2023) molding and imprinting expertise, adding Meta-Optics into its backlight and frontlight optical product portfolio. ROE will deliver Meta-Optics solution, including 3D sensing, AR Waveguide, and Camera, to the consumer electronics, automotive, and life science customers. ROE will continue to be the customer´s optical solution partner, supporting one-stop services of design, mastering, and mass production.

This transaction has been unanimously approved by the boards of both ROE and NILT. Subject to obtaining approvals from the relevant authorities in various countries, the transaction is expected to be completed in the first quarter of 2025.