Samsung is reportedly nearing the acquisition of German OLED manufacturer Novaled for USD 200 million, according to reports by Bloomberg and Wall Street Journal. The reports cited insiders disclosing Samsung and Novaled will be sealing the acquisition deal this week. Novaled’s Chief Marketing Officer Gerd Guenther has confirmed the two companies are currently in negotiations. Market analysts pointed out, the main objective of Samsung’s acquisition of Novaled is to settle recent OLED patent disputes.