Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


Home > Press > Nano Cluster Devices Announces Major Transaction

Nano Cluster Devices Announces Major Transaction

Posted on November 23, 2005

Christchurch, New Zealand, based Nano Cluster Devices Ltd announced today that it had concluded a major transaction with Buffalo-based NanoDynamics Inc.

The major components of the transaction are:

  • NanoDynamics takes control of US-based Nano Cluster Devices Inc and guarantees its performance in marketing the technology developed by Nano Cluster Devices Ltd.
  • Nano Cluster Devices Inc is granted an exclusive license to the novel cluster-based technologies developed by Nano Cluster Devices Ltd.
  • Nano Cluster Devices Ltd receives ongoing funding for further development work, licence and royalty revenues, and options to convert back to an ownership interest in Nano Cluster Devices Inc in certain circumstances.

NCD Ltd Director Michael Hawkins, who negotiated the deal with NanoDynamics, said “NanoDynamics is one of the leading nanotechnology companies in the world, with a very high international profile. The licensing and development agreements that have been negotiated secure market access for NCD’s technology, and guarantee NCD Ltd’s financial position into the medium term.”

Shareholders of Nano Cluster Devices Ltd unanimously approved the transaction prior to signing.


Copyright © Nano Cluster Devices

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press


Nanometrics Announces Upcoming Investor Events November 18th, 2015

Harris & Harris Group Portfolio Company, D-Wave Systems, Announces Multi-Year Agreement With Lockheed Martin November 16th, 2015

Arrowhead Late-Breaking Clinical Data Shows that ARC-520 Can Produce Deep and Durable Reductions of Hepatitis B Viral Antigens and DNA November 16th, 2015

Harris & Harris Group Portfolio Company, D-Wave Systems, Announces the Sale of Its Latest Quantum Computer to Los Alamos National Laboratory November 11th, 2015


UTA researcher to build internal nanotechnology device to simplify blood sugar testing: Medical technologies December 1st, 2015

Graphene-Coated Wearable 'E-Textile' Can Alert Wearer To Presence Of Dangerous Gases December 1st, 2015

IU chemists craft molecule that self-assembles into flower-shaped crystalline patterns:'Tricarb' research laid foundation for university's new $1.2 million materials science grant from National Science Foundation December 1st, 2015

New study reveals what's behind a tarantula's blue hue: Researchers uncover nanostructures in exoskeleton of blue-haired tarantulas November 30th, 2015

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
University Technology Transfer & Patents
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project

Car Brands
Buy website traffic