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Tech teamwork brightens next-gen displays | |
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||
| Time: 11:21 EST/16:21 GMT | News Source: News.com | Posted By: Chris Hedlund | ||
|
Cambridge Display Technology and Opsys are combining their display efforts to further push the development of next-generation displays. CDT announced Monday that it would acquire Oxford, England-based Opsys for its work in organic light emitting diode (OLED) technology. Financial terms weren't disclosed, but the deal includes an immediate cash payment and deferred payment in CDT shares to Opsys, according to CDT. The deal did not include Opsys' U.S. business. CDT will receive ownership of Opsys' dendrimer OLED technology. | ||
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