Samsung lights up on Dresden spin-out

Aug 6, 2013 •

Samsung looks to acquire LED manufacturer Novaled for over $200m.

Smartphone manufacturer Samsung is looking to acquire organic light-emitting diode (OLED) manufacturer Novaled, a spin-out of the Technical University of Dresden, for over $200m, according to multiple news outlets.
The Germany-based spin-out, founded in 2001, manufactures OLED technology and materials which are used in mobile phone displays, and holds many key patents for the technology.
Since 2005, the company has maintained a partnership with Samsung to provide OLED tech, which led to an investment for an undisclosed amount…

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