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Amcor Announces Strategic Investment In Pragmatic Semiconductor

Amcor Announces Strategic Investment In Pragmatic Semiconductor

01/20/22, 5:00 AM
In its continuing efforts to discover and develop innovative technologies for the packaging industry, Amcor (NYSE: AMCR; ASX: AMC) announced today its strategic investment in PragmatIC Semiconductor, a world leader in ultra, low-cost electronics.

Company Info

Company
Pragmat Ic Semiconductor
Additional Info
PragmatIC Semiconductor is a world leader in ultra-low-cost flexible electronics. The unique technology platform enables innovators to create novel solutions to everyday problems that are beyond the scope of conventional electronics. The proprietary flexible integrated circuits (FlexICs) are thinner than a human hair and extend proven applications such as RFID and NFC into mass market use cases, enabling the potential for trillions of smart objects that can engage with consumers and their environments. PragmatIC is headquartered in Cambridge, UK, with manufacturing operations in the North East. Shareholders include Cambridge Innovation Capital, Arm, Avery Dennison, Amcor and a select group of individual investors with significant experience in the semiconductor industry. SOURCE Amcor