Cambridge Display Technology (CDT) today announced the acquisition of rival Opsys' organic light emitting diode (OLED) display business with the goal of developing roll up computer and TV screens within three years.
The deal includes an agreement by CDT to make an unspecified immediate cash payment and a deferred share allocation. Under the deal, CDT receives ownership of all rights to Opsys' dendrimer OLED technology and takes over the operation of Opsys'Oxford-based labs.
|