it's based on transforming a thin transparent plate into a wearable personal display . The diffractive planar optics is combined with a microdisplay source (LCD, LCOS or OLED) to provide users with an image equivalent to a 40" display.

Under the deal, Santa Clara-based Applied Materials will pay $28.50 a share in cash. Since Applied Films has $161 million in its own coffers, the net purchase price is $303 million.

Ron Wagner, director of IT operations at E! Entertainment Television said his company has already chosen the Blu-ray Disc format, in large part because of talk in the porn industry preferring it to HD-DVD.

"...an unexpected jump in volume of mobile phones predicted to ship this year was responsible for the move to allocation but that the pressure has fallen at the 0.18-micron manufacturing node..."