Tag: 住友化学

Cambridge Display Technology (CDT) acquired by Sumitomo Chemical

Jul 31, 2007

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g_fasol

in Japanese investments in EU, M&A, Science & Technology

Sumitomo Chemical to acquire CDT for US$ 285 million in cash Sumitomo Chemical (住友化学株式会社) acquired Cambridge Display Technology (CDT) under a merger agreement, paying an acquisition price of US$ 285 million in cash. 1998: Sumitomo Chemical starts P-OLED development 2001: Sumitomo Chemical and CDT Ltd (fully owned subsidiary of CDT Inc) enter into a cooperation…