Plextronics

Founded in 2002, as a spin-out from Carnegie Mellon University, Plextronics was developing technology that enables broad market commercialization of organic electronic devices - including OLEDs, plastic chips, polymer solar cells and organic sensors.

In January 2014 the company filed for bankruptcy, after it didn't manage to find a buyer or an investor. The company was acquired by Solvay, who then consolidated all OLED activities under Solvay OLED.

In January 2009 plextronics installed a $6 million pilot-production line for OLED displays and OPVs. Back in 2006, we interviewed the company's CEO, and in March 2011 we posted a follow-up interview. In July 2012 UDC invested $4 million in Plextronics.