| Cambridge Display Technology | |
| Industry: | Polymer light-emitting diodes |
| Type: | Subsidiary |
| Foundation: | [1] |
| Location City: | Godmanchester, Cambridgeshire |
| Location Country: | United Kingdom |
| Founders: |
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| Owner: | Sumitomo Chemical |
Cambridge Display Technology (CDT) is a technology company with head office in Godmanchester, England. It was the first company spun out of the University of Cambridge ever to go public.[4] [5] It was subsequently acquired by Sumitomo Chemical for about $285 million in 2007.[6]
Cambridge Display Technology was founded in 1992 in order to commercialise technologies following from the discovery of a new form of electroluminescence in 1989 by Cavendish Laboratory researchers Richard Friend, Donal Bradley, and Jeremy Burroughes together with Department of Chemistry researchers Chloe Jennings and Andrew Holmes.[7] [8]
In 2002, the company was presented with the MacRobert Award by the Royal Academy of Engineering ”for light-emitting polymers”.[9]
CDT's initial public offering (IPO) took place on the NASDAQ stock exchange in December 2004.[10]
In 2007, the company became a subsidiary of Sumitomo Chemical.