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 newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Mergers and acquisitionsbusiness issuesSamsung ElectronicsNovaled

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

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Bitdefender 2019

This Holiday Season, protect yourself and your loved ones with the best. Buy now for Holiday Savings!

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Aysha Strobbe

Microsoft Office 365/HP Spectre x360

Microsoft Office continues to make a student’s life that little bit easier by offering reliable, easy to use, time-saving functionality, while continuing to develop new features that further enhance what is already a formidable collection of applications

Michael Hargreaves

Microsoft Office 365/Dell XPS 15 2-in-1

I’d recommend a Dell XPS 15 2-in-1 and the new Windows 10 to anyone who needs to get serious work done (before you kick back on your couch with your favourite Netflix show.)

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?