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Merck KGaA, Darmstadt, Germany, Acquires OLED Patents for Display Applications from Konica Minolta
April 24, 2020 | DARMSTADT, GERMANY
“Adding Konica Minolta’s patents to our already strong portfolio will further boost our OLED development pipeline”, said Kai Beckmann, Member of the Executive Board of Merck KGaA, Darmstadt, Germany and CEO Performance Materials. “With this step we will further strengthen our power to drive innovations in the fast-growing market of OLED displays.”
For more than 15 years, Merck KGaA, Darmstadt, Germany has conducted research and development in the OLED technology field, and, as a result, became one of the leading OLED material suppliers.
The acquisition of Konica Minolta’s OLED patents for display applications is effective immediately. Financial terms were not disclosed.
April 24, 2020 | DARMSTADT, GERMANY
- Merck KGaA, Darmstadt, Germany, acquires more than 700 patent families for OLED display applications from Konica Minolta.
- Acquired IP will further enhance the company’s position as key supplier of OLED materials.
“Adding Konica Minolta’s patents to our already strong portfolio will further boost our OLED development pipeline”, said Kai Beckmann, Member of the Executive Board of Merck KGaA, Darmstadt, Germany and CEO Performance Materials. “With this step we will further strengthen our power to drive innovations in the fast-growing market of OLED displays.”
For more than 15 years, Merck KGaA, Darmstadt, Germany has conducted research and development in the OLED technology field, and, as a result, became one of the leading OLED material suppliers.
The acquisition of Konica Minolta’s OLED patents for display applications is effective immediately. Financial terms were not disclosed.
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