$100 million for e-paper??

Eoin Purcell

[via Ryan Sholin’s blog (well worth reading by the way)]

Red Herring reports on a huge investment by Oak Investment Partners and Tudor Investment Corporation in an e-paper venture:

In one of the largest venture capital rounds in European history, Plastic Logic announced Wednesday that it had raised $100 million to build a factory in Germany to make display modules for electronic reader products.

Now that is a fat chunk of cash and Ryan has some further points on the implications of e-paper. I have mentioned them here too. It looks like, over the past few days, as if people are moving to stack their cards in the right pile for digital and that all of a sudden the corporate world is seriously considering the changes the digital revolution is forcing on the world of publishing and actually acting to get ahead of the curve.

Interesting times indeed