Beneq Acquires EL Business from Planar
December 3, 2012

Beneq, supplier of production and research equipment for thin film coatings, has announced the acquisition of the Finnish-based electroluminescence business from US Planar SystemsInc., a digital display technology company, according to a Beneq press release. Lumineq, the name of the new business unit, will provide thin film electroluminescence technology and the industrial production of other atomic layer deposition enabled products. These products will be offered in addition to Beneq's existing product portfolio.

"The acquisition of this business from Planar is a natural next step in Beneq's strategy of taking ALD into industrial production, and allows us to expand our own corporate portfolio in world-leading ALD technology and related products," says Sampo Ahonen, CEO of Beneq.

"This is an opportunity to build Lumineq into its own niche product brand under the Beneq corporate umbrella, which will bring stronger continuity and growth to the business," Ahonen says.

Subscribe to USGlass magazine.
Subscribe to receive the free e-newsletter.