Dresden Factory Aims to Commercialize e-Reading

CAMBRIDGE, U.K. – Plastic Logic, which produces plastic substrates, garnered funding from a variety of equity sources to open a factory for commercial production of plastic electronics, specifically, the flexible active-matrix display modules of electronic readers. The plastic substrate technology – the result of research at Cambridge University – is a build-up process used to create light, flexible printed circuits. It is part of a new electronics sector that will join silicon – not replace it – in the industry, said Hermann Hauser, director of Amadeus, an investment firm that provided seed financing to Plastic Logic.

Along with Amadeus’ contribution, $100 million in equity financing from Oak Investment Partners, Tudor Investment Corporation, Intel Capital, Bank of America, BASF, Quest for Growth, and Merifin Capital was raised for a commercial-scale production facility. Located in Dresden, Germany, the facility is slated to begin production in 2008 with about 140 employees.

Wireless “e-readers” require thin, flexible, low-power packages to simulate the tactile experience of reading from paper. With wireless connections, e-readers enable users to download copies of books, newspapers, and other print items, similar to wireless music and video downloads firmly commercialized by various media-player products. Though consumers certainly accept these e-products, they rarely read from PDAs, laptops, or other electronic devices, said Simon Jones, vice president of product development, Plastic Logic, emphasizing the importance of electronic components that maintain the aesthetic benefits of paper. Printing these components in inexpensive build-up processes should enable the commercial profitability promised by the Dresden project.

POST A COMMENT

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

NEW PRODUCTS

Dynaloy unveils safer cleaners
11/19/2014In response to evolving industry trends and customer preferences for products with better environmental, health, and safety (EHS) profiles, Dynaloy LLC is launching three...
Entegris' VaporSorb filter line protects advanced yield production
10/21/2014Entegris, Inc. today announced a new product for its VaporSorb line of airborne molecular contamination (AMC) filters. ...
Next-generation nanoimprint lithography technology
10/21/2014EV Group (EVG) today introduced its SmartNIL large-area nanoimprint lithography (NIL) process....