BASF acquires Seashell nanowire technology

German chemicals major BASF and Seashell Technology, a leading nanotechnology company based in San Diego, announced today that BASF has acquired Seashell's technology, patents and know-how for silver nanowires. 

The acquisition extends BASF's portfolio of solutions offered to the display industry through the company's growing electronic materials unit.

 

"Seashell is an early pioneer in silver nanowire technology and has enabled development of multiple application areas and uses for these unique materials," said David Schultz, CEO of Seashell. "Seashell is excited to transfer the technology to BASF, which has the expertise and infrastructure to meet the growing demand for silver nanowires."

With unique properties such as higher conductivity and flexibility, silver nanowires are becoming an increasingly attractive alternative to indium tin oxide (ITO) for transparent conductive layers. 

"Seashell's nanotechnology has long been regarded as best-in-class, and we are very excited to bring this technology platform to BASF," said Dr. Lothar Laupichler, senior vice president of BASF's electronic materials business. 

"We will build on this platform and develop innovative, efficient next generation silver nanowires tailored to the needs of our customers in the display industry and strengthen our recognition as a leader in the electronic materials industry," he added.