CLEARink Displays, a Fremont, California-based developer of color and video capable ePaper 2.0 displays aimed at various market applications, received an investment from Lenovo, the Fortune (Global) 500 Company and a global leader in mobile devices.
Lenovo made the investment via its investment unit Lenovo Capital and joined CLEARink’s board of directors.
The two companies have also commenced joint development activities to develop the next generation of tablet devices.
Founded in 2012 and led by Frank Christiaens, CEO & Chairman, CLEARink Displays is a leader in reflective display technologies for Tablets, Laptops Wearables, IoT displays, Electronic Shelf Labels (ESLs), outdoor signage and automotive applications. Its a low power, sunlight readable, color/internet ready solution aims to solve the problems caused by traditional display technologies, which aren’t well suited for use in daylight.
The company has raised over US$25m in financing from strategic investors such as M Ventures, the corporate venture capital arm from Merck KGaA, Darmstadt, Germany (Dow Jones: MRK.DE) and Lenovo Capital.