Universal Display (Nasdaq: OLED) entered a definitive agreement to acquire a portfolio of emissive OLED patent assets from Merck KGaA, Darmstadt, Germany. The package includes more than 300 issued and pending patents across 110+ families, with an average remaining life of ~10 years. UDC stated the acquisition will broaden its patent coverage and complement its R&D and materials discovery platforms. Closing is expected in January 2026, subject to customary conditions.
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