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br> DesignAdvance Systems, a developer of design automation software for users of EDA and MCAD tools, announced its entrance into the European PCB design market with the appointment of Cadlog as its distribution partner. Cadlog, based in Rome, Italy, supplies design tools and services for PCB and electronics industries in Italy and Southern Europe.
Cadlog will provide PCB designers in Italy, Spain, Portugal and Switzerland with DesignAdvance products and technical support.

Cambridge Display Technology (CDT) and Litrex are paving the way for the production of a new generation of high resolution polymer organic light emitting displays (P-Oled) through the development of an inkjet printing solution capable of producing P-Oled displays at up to 200 pixels per inch (ppi). Cambridge Display Technology is a pioneer in the development of light emitting polymers (P-Oled). Litrex develops precision inkjet systems for color displays and electronics. Litrex is based in Pleasanton, CA and was acquired by ULVAC in 2005, after a period of joint ownership between CDT and ULVAC.

Philips Electronics confirmed closure of the deal, as announced on 9 January 2006, to transfer Philips' optical pick-up (OPU) business unit to Arima Devices, an affiliated company of Arima Computer, a Taiwanese group. As a result, Philips holds a 12% share in Arima Devices. The Dutch company also announced that it has completed the merger of Philips Mobile Display Systems with Toppoly Optoelectronics of Taiwan to form a mobile display company. The company is named TPO and it's principal shareholders are Compal Electronics (25.1%) and Philips (17.5%).

Varioptic, the French liquid lens company, has closed the second tranche of its most recent funding round, bringing the total of this round to 17,4 millions euros. Varioptic pioneers in designing and manufacturing electrically controlled optical liquid lenses for optical designers. Founded in 2002, Varioptic is located in Lyon (France) and headed by Etienne Paillard, CEO.

DisplaySearch has updated its 2006 OLED technology report, saying that the worldwide Oled market reached $491 M in 2005, up 8% Y/Y, and unit shipments of 55.8 M, up 72%. For 2010, the display market research firm lowers OLED revenue forecast to $4.6B. Mobile phones applications will represent $3,189.1 M a that time.

VaST Systems Technology announces the opening of its new European headquarters in Grenoble, France. The company is considering locating part of its research and development team there in the future. VaST's virtual prototyping solutions enable the design of embedded systems and system-on-chip (SoC). With VaST solutions, users can analyze and optimize their architecture, and develop software concurrently with hardware.