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MDI acquires Laser Cutting Division of Schott AG, in Germany

Growth strategy aimed at attaining leading share in the market for FPD laser cutting systems

Mitsuboshi Diamond Industrial Co., Ltd. ("MDI" below / Headquarters: Suita City, Osaka Prefecture / President: Yasuaki Miyake) and Schott AG (Headquarters: Mainz City, Germany) have signed an agreement to transfer Schott AG laser business to MDI.
With this transfer, MDI received all intellectual properties, technologies and business rights relating to Schott AG laser business.
Meanwhile, on June 1, 2005, MDI established the R&D and business promotion base MSAP * in Mainz City, Germany. The purpose of this base is to strengthen laser cutting technology relating to brittle materials, including flat panel displays.
MSAP has taken over the personnel resources and R&D facilities belonging to the former Schott Advanced Processing **.

Background and Objectives of the tie-up

In recent years, there has been rapidly rising demand for enhanced quality and increased diversity in the cutting of flat panel displays.

MDI has continued to offer new concepts in machinery and tools through cutting machinery using cutting wheels. Today, we have a leading share in the market for tools and machinery used to cut and bevel flat panel displays. At the same time, we have a leading share of the market in laser cutting equipment for mass production.
Meanwhile, Schott AG has long been involved in development of laser cutting equipment for glass. They have specialized technology and their products have been widely accepted by the market. Their market share is about equal to that of MDI.

Fusion of the unique laser process technologies of MDI and Schott AG will reinforce the power of technological development strength, and support proposal of wide-ranging technological solutions to diverse anticipated needs of customers. We will also push forward with development of solutions for new market requirements.

The Plan

Technology:
Transfer of patent rights and other intellectual properties, and related technologies
Production:
Transfer of technology and establishment of manufacturing systems by MDI
Sales:
Enhancement of distribution routes / construction of sales systems
(EU region & North America region -- MSAP / Other regions -- MDI)

* MSAP:

  • Name of company
    MDI Schott Advanced Processing GmbH
  • Place of business
    Am Getreidespeicher 7 Mainz 55120 Germany

** Schott Advanced Processing:

A division of Schott AG, formerly engaged chiefly in R&D of laser cutting technology for sheet glass


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