Rambus spends $2.25M for Uni-Pixel display and backlighting IP

The Woodlands, Tex. — Uni-Pixel, Inc. reports that Rambus Inc. has acquired a portion of the company’s intellectual property (IP) portfolio relating to dynamic backlighting, field sequential color displays, and time multiplexed optical shutter (TMOS) display technology for $2.25 million. Uni-Pixel also has entered into an engineering services agreement with Rambus for future collaboration and technology development.

The TMOS display technology is targeted to leverage a subset of the current LCD manufacturing process, offering the potential of lowering the bill-of-materials and manufacturing costs by as much as 40-60 percent, while improving display performance characteristics including lower power consumption, said Uni-Pixel.

In addition, the backlight technology based on TMOS display technology can be applied to current LCD display panels to create a more efficient and cost-effective device, said the company.

“We see this agreement as a win-win for both companies, as it gives Uni-Pixel the ability to focus on our Clearly Superior Performance Engineered Films, while allowing Rambus to add innovative display and backlighting technology to its growing intellectual property portfolio,” said Reed Killion, president and CEO of Uni-Pixel, in a statement.