Aixtron to Buy PlasmaSi

Aixtron is to acquire privately held Silicon Valley-based PlasmaSi, for approximately $16 million. PlasmaSi enables the encapsulation of organic thin-films by depositing ultra-thin and flexible barrier films through its proprietary technology which are said to be particularly well-suited for next-generation OLED display products including mobile phones, hand-held devices, tablets, wearables and large screen HDTVs.

Aixtron will integrate PlasmaSi’s thin-film encapsulation process into its existing OLED cluster for customer demonstration purposes.