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March 18th, 2004
Nanogram's IP gamble pays off, but real success awaits products
Abstract:
Two events this week show that investors and corporations put a high value on nanotechnology-related intellectual property. The company at the fulcrum of this week's action is Nanogram Corp., which is reaping the rewards of an innovative IP strategy. But analysts are not yet ready to call Nanogram's business model a success. On Tuesday, a nanotechnology company in the midst of a reorganization, NeoPhotonics, raised a whopping $40 million venture round. On the same day, a second nano firm, NanoGram Devices Corp. (NDC), was sold for $45 million.
Source:
SmallTimes
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