Cambrios Technologies Corporation, the leader in silver nanowire-based solutions for the transparent conductor markets, has announced a second round of strategic investment by Samsung Venture Investment Corporation (SVIC) of $10M to help fuel the company's growth. Cambrios had previously received an investment of $5M from SVIC in 2011.
"SVIC's second investment in Cambrios confirms the importance of our technology and our specific materials for the display industry," said John LeMoncheck, President and CEO at Cambrios Technologies. "Samsung's shareholding will reinforce our leading position and help serve our customers better."
Cambrios' ClearOhm coating material is made from highly conductive silver nanowires which offer significantly higher optical and electrical performance than previous generation transparent conductive materials like indium tin oxide (ITO). ClearOhm ink is being used to produce the world's highest performance transparent conductive films enabling innovative products such as touch panels and displays, as well as OLED lighting tiles and solar cells. This investment coupled with Cambrios' recent commercial success provides strong validation of silver nanowires as the technology of choice to replace ITO.
"Our investment in Cambrios is consistent with our strategy to work closely with established market leaders," said Michael Pachos, Principal at SVIC. "Cambrios is a technology leader and has built a significant business in the transparent conductor space. The company has demonstrated both a technical and business vision in driving adoption of silver nanowire displays and lighting and we look forward to contributing to the progress of Cambrios."
To learn more about Cambrios' ClearOhm technology, please visit: http://www.cambrios.com/technology/.
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