Veeco Instruments has announced the acquisition of Synos Technologies. The Synos Fast Array Scanning Atomic Layer Deposition systems can reduce OLED manufacturing cost.

"We have found a great fit to add to Veeco`s technology portfolio and expand our growth opportunities," said John R. Peeler, Veeco`s chairman and chief executive officer. "Synos is an early stage company with big growth potential. We believe that their fast-array scanning ALD technology for thin-film encapsulation layers will remove the primary barrier to adoption of flexible OLED displays, helping make unbreakable, lightweight mobile displays a reality." The company expects to ramp OLED production using the technology in 2014.

(Source: LEDs Magazine)