CDT and AVI in New Business Collaboration.

CDT PLED Example Cambridge Display Technology (CDT) and Add-Vision Inc (AVI), a pioneering developer of technology for low information content displays, have announced a business collaboration in which CDT will give AVI a paid-up license to certain CDT IP for specialised low resolution display applications. CDT will also join the existing private equity investors in a new round of funding to allow AVI to develop the technology more rapidly. In return for the license and equity investment, CDT will acquire a very substantial minority position in AVI.
The Add-Vision approach, developed over the last ten years, allows simple P-OLED displays and backlights to be fabricated by fast screen printing on plastic substrates without the need for expensive clean room facilities. As a result, the cost of display production can be kept lower, while maximising throughput volumes.

Read more here