Rohm and Haas Company Acquires Gracel Display

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On April 9th,2008 Rohm and Haas Com-pany(NYSE:ROH) has acquired Gracel Display,Inc.,a leading developer and manufacturer of Organic Light Emitting Diode(OLED) materials. The transaction,worth approximately US$40 million,giyes Rohm and Haas controlling interest in South Korea-based Gracel.The acquisition of Gracel and its port-folio of OLED materials broadens Rohm and Haas’s growing Display Technolo-gies business.Rohm and Haas manufac-tures TFT(thin film transistor) photore-sists and related materials as part of its Display Chemicals group,and added Optical Display Films when it acquired On April 9th, 2008 Rohm and Haas Com-pany (NYSE: ROH) has acquired Gracel Display, Inc., a leading developer and manufacturer of Organic Light Emitting Diode (OLED) materials. The transaction, worth about US $ 40 million, giyes Rohm and Haas controlling interest in South Korea-based Gracel. Acquisition of Gracel and its port-folio of OLED materials broadens Rohm and Haas’s growing Display Technolo-gies business. Rohm and Haas manufac-tures TFT (thin film transistor) photore-sists and related materials as part of its Display Chemicals group, and added Optical Display Films when it acquired
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