Nanosys buys Sweden’s microLED developer
The amount paid was not disclosed.
Nanosys Inc. (Milpitas, Calif.) was founded in 2001 and is a supplier of metal-free quantum dots while Glo, founded in 2003, is a developer of microLED displays.
The acquisition fills a previous gap in Nanosys’ technology roadmap and will allow it to offer access to technologies from miniLED to OLED and MicroLED to NanoLED.
Prior to the acquisition Glo had invested more than $200 million in developing its technology, Nanosys said.
“Bringing microLED together with quantum dot is an exciting opportunity to unlock the growth potential in this market,” said Eric Virey, of Yole Développement, in a statement issued by Nanosys.
Jason Hartlove, CEO of Nanosys, said: “Together, we can create the smallest, brightest, lowest cost pixels that will enable microLED to penetrate the mainstream TV market and open the doors for new applications in AR, automotive and beyond.”
Nanosys quantum dot technology has been shipped in more than 35 million consumer electronics devices, the company said.
Related links and articles:
Quantum dots: progress, challenges and future in LED lighting
News articles:
Startup microLED display maker boasts 12.3-inch size
Curved sensor startup to boost imaging performance
Ceres Holographics partners with polymer film firm
Kulicke & Soffa buy boosts microLED placement
First nanowire microLED displays on 300mm wafers
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
