Merck acquires interest in Israeli start-up QLight Nanotech
Merck Expands Capabilities on Novel Materials for Display and Lighting
For more than three years, QLight Nanotech and Merck have been carrying out joint research into this new class of materials as part of a partnership program sponsored by the Israeli Ministry of Industry, Trade and Labor. Merck’s investment will help the company to accelerate the development of quantum dot-based technology for new applications. Upon the achievement of R&D milestones, Merck could further increase its stake in Qlight Nanotech, as well as develop and commercialize the new products in its Performance Materials division.
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