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News Release from: Cambridge Display Technology
Edited by the Electronicstalk Editorial
Team on 29 October 2001
DuPont and CDT in display alliance
DuPont and Cambridge Display Technology (CDT) have entered a strategic agreement to advance light emitting polymer (LEP) displays, also known as polymer organic light emissive displays.
DuPont and Cambridge Display Technology (CDT) have entered a strategic agreement to advance light emitting polymer (LEP) displays, also known as polymer organic light emissive displays The agreement establishes an important intellectual property collaboration and is a critical step toward furthering the commercialisation of light emitting polymers used to create ultra-thin, lightweight and low-power displays for electronic products such as mobile phones, hand-held notebooks and other electronic products
This article was originally published on Electronicstalk on 15 Nov 2001 at 8.00am (UK)
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"We are very pleased to have reached this agreement with CDT and are excited to match the strengths of our two companies", said Chet Pribonic, chief executive officer of DuPont Displays.
"This is one of a number of strategic alliances we have developed to advance the use of light emitting polymer display technology in the electronics communication market.
An alliance with CDT gives us greater access to this important technology and a faster pace to market".
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As part of the agreement, DuPont will receive a nonexclusive license to technology and intellectual property assets held by CDT.
This will enable DuPont to produce both active and passive light emitting polymer display devices, thereby supporting the implementation of DuPont Displays' business model.
Additionally, DuPont Displays' subsidiary UNIAX, which specialises in electroluminescent polymers, will have its light emitting polymer intellectual property and process knowhow consolidated with that of CDT.
This will add to CDT's already extensive light emitting polymer intellectual property holdings and further strengthens its position as the global leader in this area.
The consolidation provides the industry a centralised source from which to acquire all relevant light emitting polymer intellectual property and technology knowhow.
"This strategic agreement is an important milestone for both companies and one based on mutual satisfaction of business objectives", said David Fyfe, chief executive officer of CDT.
"This consolidation will reinforce CDT's enabling role in the light emitting polymer space as well as help speed commercialisation of the technology.
Developing co-operative relationships with companies with the resources, commitment, and global reach that DuPont offers is key to establishing the prominence of our technology in the display industry".
Overall, the agreement reinforces the strong momentum for light emitting polymers within the burgeoning organic light emissive displays market, including both small molecule, polymer organic light emitting devices and others.
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