IP Portfolio holder IPValue Management acquired over 1,200 patents and applications from Mitsubishi Electric's display business unit. The IP, a result of over two decades of R&D, encompasses a wide range of LCD, OLED and other technologies.

The patents will now be owned by IPValue's subsidiary, Trivale Technologies. The financial terms of this agreement were not disclosed.

Years ago Mitsubishi Electric produced the world's largest OLED display, the Diamond Vision OLED. These are modular displays were made from 128x128 PMOLED tiles. The first one was installed in 2010 at Merck's Material Research Center.

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