Merck acquires liquid crystal windows specialist

  Specialist applications

With the acquisition of startup company Peer+, Merck is further advancing its future-oriented technology for liquid crystal windows. Moreover, the company is also strengthening its position the technology and innovation leader for liquid crystal materials.

Liquidcrystal
Merck has acquired Peer+
Merck, the German manufacturer of high-tech products in the pharmaceutical and chemical sectors, has acquired the Dutch specialist for smart window technology Peer+ with effective from 1 July 2014 for an undisclosed amount. Merck is pursuing a strategy of leveraging its expertise as the global market leader in liquid crystals in order to develop new fields of application for innovative liquid crystal technology.
With the acquisition of its long-standing cooperation partner Peer+, Merck is further advancing the development of the future-oriented market for liquid crystal windows and is bolstering its position as the technology and innovation leader for liquid crystal materials also for applications far from displays. The major innovation of liquid crystal windows lies in their ability of continuously variable switching from light to dark in just seconds. The optimally controlled light and temperature management can thus decisively improve the energy efficiency of a building. In addition, the smart windows technology opens up totally new architectural possibilities.
Merck and Peer+ have been cooperating closely since 2011 to develop a market-ready product and production concept for liquid crystal windows. In 2012, the cooperation partners entered into a shareholder agreement under which Merck acquired 70% of the capital interest in Peer+. Merck is now also acquiring the remaining 30%, including around 3% from the Eindhoven University of Technology (TU/e), which co-founded Peer+...

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