Cambridge Display Technology (CDT) (Nasdaq: OLED) and Add-Vision Inc. (AVI), a pioneering developer of technology for low information content displays, have announced a business collaboration in which CDT will give AVI a paid-up license to certain CDT IP for specialised low resolution display applications.  CDT will also join the existing private equity investors in a new round of funding to allow AVI to develop the technology more rapidly. In return for the license and equity investment, CDT will acquire a very substantial minority position in AVI.

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