Samsung said to be in talks to acquire German Novaled

Novaled makes technology and materials used in OLED displays

Samsung is reportedly in talks to acquire German organic light-emitting diode (OLED) technology developer Novaled.

A Novaled representative declined to comment on reports that Samsung is offering more than US$200 million for the company, but she did say it may have an announcement to make in a few days.

A Samsung spokeswoman declined to comment on the matter and referred to Samsung affiliate Cheil Industries, also known as Samsung Chemical, which would acquire Novaled, according to the Wall Street Journal and Bloomberg. Cheil Technologies did not respond to a request for comment.

Novaled develops technologies and materials that enhance the performance of OLEDs and other organic electronics and sells them to manufacturers of display products.

OLEDs are devices composed of multiple thin layers of organic materials often only a few nanometers thick that emit diffuse light when electricity is applied to them. They are used in thin displays with sharp colors that have the potential to offer greater cost and energy savings than other lighting technologies, Novaled said on its website.

In 2011, Samsung Samsung's venture capital arm invested in the company.

In June last year, Novaled entered a licensing and purchasing agreement with Samsung Mobile Display, extending the use of Novaled's OLED materials to Samsung's next generation of mobile AMOLED (Active Matrix Organic Light Emitting Diode) devices.

Novaled has a broad portfolio of more than 500 patents granted or pending, the company said on its website. It was founded in 2001 as a spin-off of the Technical University and the Fraunhofer Institute of Dresden, and has been commercially active since 2003.

The company is based in Dresden and has sales offices in Korea and Japan.

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags business issuesNovaledSamsung ElectronicsMergers and acquisitions

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Loek Essers

IDG News Service
Show Comments

Essentials

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?