Samsung to buy small stake in tablet stylus maker Wacom

by Doug Drinkwater

February 1 2013

Samsung will invest just under $60 million in Wacom (Image: Vincent Whiteman)
Samsung will invest just under $60 million in Wacom (Image: Vincent Whiteman)

The idea of using a stylus on your tablet may have been slammed by the late Steve Jobs, but try telling that to Samsung now that the Korean conglomerate intends to invest $58.2 million in tablet stylus maker Wacom.

The deal is due to be completed on February 19 and will see the Korean firm take hold of a 5% stake in Wacom, the Japanese firm which makes graphic tablets for designers and pressure-sensitive tablet styluses for everyday consumers.

On announcing the news, Wacom said that the investment will be put towards product development, manufacturing and supply chain enhancements for Samsung products.

The Galaxy Tab maker has arguably been the biggest campaigner of tablet styluses over the last two years, with the firm having equipped its 5-inch and 10-inch Galaxy Notes with the highly-rated S-Pen stylus. Wacom’s technology is already used for the first and second-generation Galaxy Note.

Samsung, which is expected to announce an 8-inch version of the Galaxy Note at the Mobile World Congress in Barcelona next month, recently updated its Galaxy Note 10.1 and Galaxy Tab to Android 4.1 (Jelly Bean), a move which also saw the larger tablet receive Samsung's Premium Suite software and come with an "improved" S-pen stylus.

Links & Apps

Share with: Comment   v

Free newsletters for more tablet news, insights, apps and tips



Latest in tablet business / productivity