Darmstadt, Germany, June 30 – Merck KGaA, Darmstadt, Germany, a leading company for top-quality high-tech products in the pharmaceutical and chemical sectors, is acquiring the Dutch specialist for smart window technology Peer+ as of July 1, 2014. The two companies have agreed not to disclose the purchase price.

Peer+ arose from a research project of the Eindhoven University of Technology (TU/e) in 2008. In close collaboration with the department of Chemical Engineering and Chemistry (research group of Profs. Dick Broer and Albert Schenning) and the Building Physics section as well as Merck KGaA, Darmstadt, Germany, the founders Casper van Oosten and Teun Wagenaar soon succeeded in making Peer+ one of the few specialists worldwide in the smart glass technology sector.