(October 11, 2010 – BUSINESS WIRE) — 3M, through its New Ventures business, invested in Printechnologics, a German printed electronics specialist, aimed at joint efforts for providing innovative solutions for electronic circuitry on paper or foil. Terms of the transaction were not disclosed.
Printechnologics developed custom alterations to conventional printing methods with extremely high scalability and cost advantages to address mass markets. The technologies can facilitate a broad range of solutions across b2b and b2c channels. This opens significant global market potential with printed circuit structures on paper.
Possible applications include anti-fraud solutions that could save billions of dollars, such as smart packaging to prevent counterfeiting or anti-fraud solutions in the gaming market in connection with 3M multi-touch displays, said Voyl Divljakovic, VP and GM, 3M Electronic Solutions Division. Listen to a podcast interview with 3M’s Art Lathrop about 3D film here.
“In the future, most paper products will include electronic data carriers enabling them to store data and communicate with the environment. We start connecting print products with online content," said Sascha Voigt, co-founder of Printechnologics.
Jan Thiele, co-founder of Printechnologics, added: "Printechnologics offers one of the most cost efficient printing solutions for electronics on paper. The results are environment-friendly, low-cost data structures that open up visionary possibilities in countless application areas. We are proud to work with an outstanding partner like 3M to explore new application fields outside of our current core business."
Printechnologics develops electronic systems produced entirely by a printing press. For more information, visit www.printechnologics.com.
3M produces thousands of innovative products for dozens of diverse markets. For more information, visit www.3m.com
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