Expanding Focus on OLED Displays, Aixtron Acquires PlasmaSi for $16M
HERZOGENRATH, Germany, April 13, 2015 — Aixtron SE is targeting commercialization of thin-film encapsulants for organic LEDs with the acquisition of PlasmaSi Inc. of Freemont, Calif. The purchase price may reach up to $16 million and will be paid in cash, Aixtron said.
PlasmaSi technology enables the encapsulation of organic thin films through deposition of ultrathin, flexible barrier films. The approach is suited for next-generation OLED display products, including mobile phones, handheld devices, tablets, wearables and large-screen HDTVs, Aixtron said.
The technology can also be used to manufacture large-area OLED lighting products, as well as to address future opportunities in encapsulation markets.
“While increasingly expanding our business focus towards OLED in the coming years, we were looking to broaden our technology portfolio as well as to strengthen our customer access by adding PlasmaSi to our product portfolio,” said Aixtron President and CEO Martin Goetzeler.
Aixtron develops metallorganic chemical vapor deposition (MOCVD) systems for use in LED, power electronics and photovoltaics manufacturing.
For more information, visit www.aixtron.com.
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