Samsung is reportedly in talks to acquire German organic light-emitting diode (OLED) technology developer Novaled.
A Novaled representative declined to comment on reports that Samsung is offering more than US$200 million for the company, but she did say it may have an announcement to make in a few days.
A Samsung spokeswoman declined to comment on the matter and referred to Samsung affiliate Cheil Industries, also known as Samsung Chemical, which would acquire Novaled, according to the Wall Street Journal and Bloomberg. Cheil Technologies did not respond to a request for comment.
Novaled develops technologies and materials that enhance the performance of OLEDs and other organic electronics and sells them to manufacturers of display products.
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