Merck acquires LITEC-LLL GmbH
A further step to strengthen activities in innovative lighting materials
"The acquisition of LITEC is a further strategic step in building a business with innovative light sources in the medium to long term," explained Dr. Monika Kursawe, who heads the Advanced Materials unit at Merck Chemicals. Dr. Tews, Managing Director of LITEC-LLL GmbH, added: "With Merck we have found a partner who will ensure, within the scope of its strategic plans, the professional continuation of our developments."
Merck has been pursuing research and development of innovative light sources, e.g. YAG and TAG light sources for white-light LEDs since 2005. By integrating LITEC's competencies, Merck will enter the market for innovative, highly efficient light sources. In turn, Merck's global sales organization will have broader access to established LITEC products.
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