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 specialized 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 PLED 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 maximizing throughput volumes.
