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Home > News > Small technology attracts big interest from NZ investors

February 25th, 2004

Small technology attracts big interest from NZ investors

Time is running out for the public to secure a stake in the Christchurch part of what is being touted as the industrial revolution of the 21st century, with a predicted global market worth $US1 trillion ($NZ1.46 trillion) by 2015. Local company Nuon, overseeing the public share offer, says it is now only about $750,000 away from raising the $2.75 million it is seeking. With the money, Nuon is aiming to buy half of Canterbury University company Nanocluster Devices, set up to research and commercialise aspects of nanowire technology and ensure its intellectual property remains in New Zealand.


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