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br> OLED-T, a UK-based manufacturer of organic light emitting diode (OLED) materials, has invested $900,000 in a R&D facility on the Brunel University Science Park site, Uxbridge. The new 186m2 R&D facility is a chemistry laboratory that will enable OLED-T to accelerate the production of its OLED materials known as Elamates and develop future generations of materials.

DisplaySearch, the worldwide leader in display market research and consulting, reported that the OLED industry reached revenues of over $500 million in 2005 and forecast revenues of more than $4.6 billion by 2010.

Acculogic announces a further expansion in board test capabilities with a successful bid to purchase Scorpion Technologies in Germany.

Triton, an independent European private equity investor, and the Dematic management have together taken over the shares in the worldwide Dematic business from Siemens. This step concludes the realignment of Dematic - which started in September last year - leaving the company as an autonomous enterprise. The companies involved have agreed not to disclose details of the transaction or of the sale price. Dematic is one of the world's leading suppliers of logistics automation equipment. Dematic employs about 4,000 people and achieved a business volume of more than 800 million euros.

Elron Electronic Industries announced that A.M.T. - Advanced Metal Technologies-, an Elron group company, has completed a $14 million financing led by Shamrock Israel Growth Fund. Elron is investing an aggregate of $5 million in this financing round in which other existing shareholders also participated. AMT develops, markets and licenses advanced technologies for amorphous and nano-crystalline materials, for a wide range of commercial applications. AMT operates together with its group companies, creating innovative solutions for applications mainly for electrical heating, sensoring (authentication and coding solutions), electronic shielding and electronic components.

Leoni, a German cable and wiring systems manufacturer, will acquire Studer at a price translating to about 105 million euros. With sales of about 84 million euros in the 2005 financial year and approximately 350 employees, Studer, founded in 1939 is one of the five largest Swiss cable manufacturers.

Fuel cell component company Bac2 has secured £500,000 investment funding, enabling it to further develop ElectroPhen, an electrically conductive plastic. This investment money is in addition to DTI grant funding of £240,000 awarded to a six member consortium, lead by Bac2, to optimise its ElectroPhen material for use in fuel cell components. The British company is now in the process of exploiting the material commercially with patents pending in Europe, America and Japan.