Cambridge Display Technology
| Company type | Subsidiary |
|---|---|
| Industry | Polymer light-emitting diodes |
| Founded | 1992[1] |
| Founders | |
| Headquarters | , |
Key people | |
| Owner | Sumitomo Chemical |
| Website | www |
Cambridge Display Technology (CDT) is a technology company with head office in Godmanchester, England. It was the first company spun out of the University of Cambridge ever to go public.[1][6] It was subsequently acquired by Sumitomo Chemical for about $285 million in 2007.[7]
History
[edit | edit source]Cambridge Display Technology was founded in 1992 in order to commercialise technologies following from the discovery of a new form of electroluminescence in 1989 by Cavendish Laboratory researchers Richard Friend, Donal Bradley, and Jeremy Burroughes together with Department of Chemistry researchers Chloe Jennings and Andrew Holmes.[4][8][9]
In 2002, the company was presented with the MacRobert Award by the Royal Academy of Engineering ”for light-emitting polymers”.[8]
CDT's initial public offering (IPO) took place on the NASDAQ stock exchange in December 2004.[1][10]
In 2007, the company became a subsidiary of Sumitomo Chemical.
References
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