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Merck KGaA and BASF have increased their ownership stake in InnovationLab, an organization based in Heidelberg, Germany, that researches novel applications for organic electronics, from less than 50% to 70%. InnovationLab started out in 2007. Its academic partners—the Universities of Heidelberg and Mannheim and the Karlsruhe Institute of Technology—have reduced their ownership stake from 50% to 20%, with other commercial partners picking up the remaining 10% stake.
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