Ynvisible was established in Portugal in 2010 to develop flexible transparent electrochromic displays produced using a simple printing method. In 2011 the company started producing sample products (we tested one in August 2012). In September 2018, the company has gone through a reverse take-over, and the now Canadian headquartered Ynvisible Interactive Inc. has inaugurated its new production line near Lisbon.
Ynvisible now announced that it is set to acquire Sweden-based Consensum Production AB, a contract manufacturer of printed electronics and hybrid systems. The Consensum team has accumulated over a decade of experience in roll-to-roll printing of different electronic components, including displays. The company operates a full-scale roll-to-roll production line and processes required for manufacture, converting and testing of printed electronics components and systems.
Ynvisible says that this acquisition will enable the company to establish high volume roll-to-roll printing of electrochromic displays, and to further expand its production and system integration capabilities of other printed electronic components and systems. The acquisition will be done in Ynvisible shares (for a total of $1.689 CAD).