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July 20th, 2007
A TINY Opportunity in Nanosys' News
Venture-capital firm Harris & Harris (Nasdaq: TINY) is a difficult company to follow, because its value resides in the two dozen-plus nanotechnology start-ups in which it has an equity stake.
For a long time, one of its more visible portfolio holdings was Nanosys, a Palo Alto, Calif.-based start-up that many thought would be the first true nanotechnology company to go public.
Well, for a variety of reasons, Nanosys failed to file for an IPO back in 2004, and as a result, it has somewhat unfairly been held up as the poster child for much of the hype that surrounded the field of nanotechnology a few years back.
An article in today's Technology Review, however, reveals that Nanosys is alive and kicking, and it has made deals with both Intel (Nasdaq: INTC) and Micron (NTSE: MU) to begin supplying its metal nanocrystals in next-generation flash memory chips as early as 2009.
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