Joint Venture Boosts PhotronicsApril 9, 2014 – In The News
Paul Edelberg was quoted in The News-Times article "Joint Venture Boosts Photronics." While the full text can be found in the April 9, 2014, issue of The News-Times, a synopsis is noted below.
A supplier of imaging technology for the electronics industry has entered a joint venture with a Japanese company to create the largest domestic supplier of photomasks in Taiwan serving the semiconductor industry.
Governance of the joint venture will be shared by the companies through a seven-member board of directors.
Paul Edelberg noted that business laws and cultures are often different, and there must be a clear understanding between the parties regarding the operation of the business.
“Deals like this are done all the time,” he said. “It’s clearly doable.”