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Add-Vision licenses Bayer for flexible OLED tech

Article-Add-Vision licenses Bayer for flexible OLED tech

The action surrounding the fast-developing flexible organic light-emitting diode industry is increasing as plastics majors stake out ground for what many predict will be one of the future’s most compelling growth stories. Potential applications are foreseen in the next years in active packaging and labels, electronic toys and games, point-of-sale signage, other promotional products, and very likely other interactive goods.

In the most recent news out of this field, plastics and chemicals supplier Bayer MaterialScience (Leverkusen, Germany) has signed a license agreement on polymeric organic light-emitting diodes (P-OLED) with Add-Vision, a Scotts Valley, CA-based company specializing in the development of flexible P-OLED display technology for low-resolution displays and specialty lighting applications. Financial details have not been disclosed.

As reported here, only last month Bayer announced it had signed an agreement with Nano-Terra Inc. to integrate that company’s IP into films made of Bayer’s plastics, most notably its Makrolon polycarbonate. Nano-Terra uses nanotechnology and surface engineering to enhance existing products or create entirely new products. Its efforts extend to smart materials and surfaces; flexible electronics such as displays and electronic packaging; fuel cells, batteries, and solar-power devices; sensors; and more. For Bayer, the company will apply its surface engineering expertise to Bayer’s materials to create new surface functionalities.

The agreement between Bayer and Add-Vision grants Bayer MaterialScience and its affiliates certain rights to manufacture and sell flexible P-OLED displays using Add-Vision’s technology and intellectual property portfolio. Karsten Dierksen, VP and director of the Functional Films Polymer Electronics Unit at Bayer, said the license and use of Add-Vision’s IP will be a good complement to his company’s electroluminescence (EL) technology.

The plastics supplier has been busy gaining access to technology it predicts can help it become a one-stop shop for futuristic film technology. Late last year, for instance, it announced it a joint development agreement with Canadian firm Ultimate Holographic Reproductions Inc. (UHR) in a move it said could help drive the broad commercialization of high-quality, true-color holographic images. [email protected]

TAGS: Materials
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