11.07.19
FlexEnable acquired Merck’s portfolio of high-performance Organic Thin-Film Transistor (OTFT) materials, including highly-patented organic semiconductors and dielectrics.
The deal makes FlexEnable the first company to offer display manufacturers both the only OTFT materials which are proven to have higher performance than amorphous silicon and an entire package of industrially-proven manufacturing processes needed for the production of flexible organic liquid crystal displays (OLCD) of any size.
The acquisition of Merck’s OTFT materials – now branded as FlexEnable FlexiOM – includes more than 300 patents covering materials, processes and devices.
This brings FlexEnable's total number of organic electronics patents to more than 1,000.
FlexiOM materials, together with FlexEnable’s proprietary low-temperature processes, allow glass TFT backplanes to be replaced with flexible OTFT backplanes enabling thin, lightweight, shatterproof and flexible devices.
The deal includes all of the IP developed by Merck over nearly 20 years, as well as the necessary materials supply chain.
“Across industries such as consumer electronics and automotive, flexible displays are the catalyst for the next generation of experiences and products,” said Chuck Milligan, CEO of FlexEnable. “We have been working closely with Merck’s organic materials portfolio and team for many years and we saw here a unique synergy with our expertise that would put us ahead of the competition to replace flat glass displays in what is currently a $100 billion addressable market."
Photo courtesy FlexEnable
The deal makes FlexEnable the first company to offer display manufacturers both the only OTFT materials which are proven to have higher performance than amorphous silicon and an entire package of industrially-proven manufacturing processes needed for the production of flexible organic liquid crystal displays (OLCD) of any size.
The acquisition of Merck’s OTFT materials – now branded as FlexEnable FlexiOM – includes more than 300 patents covering materials, processes and devices.
This brings FlexEnable's total number of organic electronics patents to more than 1,000.
FlexiOM materials, together with FlexEnable’s proprietary low-temperature processes, allow glass TFT backplanes to be replaced with flexible OTFT backplanes enabling thin, lightweight, shatterproof and flexible devices.
The deal includes all of the IP developed by Merck over nearly 20 years, as well as the necessary materials supply chain.
“Across industries such as consumer electronics and automotive, flexible displays are the catalyst for the next generation of experiences and products,” said Chuck Milligan, CEO of FlexEnable. “We have been working closely with Merck’s organic materials portfolio and team for many years and we saw here a unique synergy with our expertise that would put us ahead of the competition to replace flat glass displays in what is currently a $100 billion addressable market."
Photo courtesy FlexEnable
