IP specialists Metis Partners are trying to find new owners for MicroEmissive Displays' technology - the Edinburgh-based company developed a microminiature display using polymer OLED technology.
Stephen Robertson said: "MED won a whole clutch of awards during its existence, including the European Semiconductor Start-Up of the Year, and its technology as well as associations with both Edinburgh University and Napier University are likely to make its brand and reputation appeal to potential purchasers."
Glasgow-based Metis is now marketing a patent portfolio of 16 patents and the related organisational knowledge regarding tiny "eyescreen" displays that combine colour video images with ultra-low power consumption.
MicroEmissive Displays went into administration back in November 2008, following its failure to get new funding to secure its independent future.
Metis says it is marketing not only the company's brand and reputation, but also domain names, trademarks, licensed-in technology and patents, which would give a buyer the ability to recreate the MED manufacturing capability.
Metis founder Stephen Robertson is hoping to create a bidding race that wouldn't be restricted to manufacturers: "There are big funds in the US," he says, "which specialise in buying up and creating portfolios of patents with a view to litigating against patent infringers or creating revenue out of licensing agreements using the underlying technology."
Q5 interview - In July 2008 Electronics Weekly puts its questions to an industry figure: George Elliott is chairman at miniature OLED display company, Edinburgh-based MED (MicroEmissive Displays). The former CFO at Wolfson Microelectronics is also a board member at a number of technology companies in Scotland. He is a strong believer in the need for start-up companies to think globally from day one.