Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > AmberWave Systems Acquires Pasadena-Based Caltech Spinout Company, Aonex Technologies

Abstract:
Partnership Brings Caltech Expertise and Intellectual Property to New Hampshire Technology Company

AmberWave Systems Acquires Pasadena-Based Caltech Spinout Company, Aonex Technologies

SALEM, NH | Posted on May 6th, 2008

AmberWave Systems, a leader in the research and development of advanced materials technologies, has acquired Aonex Technologies, Inc. and its suite of materials-integration technologies originating from the California Institute of Technology (Caltech).

Aonex, a subsidiary of Arrowhead Research Corporation (NASDAQ: ARWR), a publicly traded company commercializing new technologies in life sciences, electronics and energy, was co-founded in 2004 by Arrowhead and Caltech professor Harry Atwater, whose research in materials integration and applications for advanced, laminate composite semiconductors led to the development of the company. Since then, Aonex has explored materials relevant to solar energy and advanced laser products; making significant progress in demonstrating the viability of laminated semiconductor materials for high-efficiency electro-optical devices. The company's materials processing expertise complements AmberWave's existing competency in laminate materials and, more broadly, advanced semiconductor integration technologies.

"The existing Aonex-Caltech relationship complements our broad strategy of supporting early stage research at major universities, identifying market opportunities for critical technologies, and then working to develop the technology for those markets through strong industry partnerships," said Richie Faubert, CEO of AmberWave Systems. "Our heritage as an MIT spinout based on commercializing semiconductor processing technology has positioned us as a leader in this key technology space. Our expanding sphere of relationships has incorporated several U.S. and foreign universities and new materials technologies with application to the energy markets. We strongly believe that a continuing relationship with professor Atwater will yield significant gains for us in building a position in solar energy materials."

AmberWave Systems focuses on methods that bring together dissimilar semiconductor materials, which are viable in the marketplace by delivering the advantages of low manufacturing costs and high performance. The success of the company's silicon germanium-based, strained silicon integration technology is an example of how its efforts have benefited the VLSI industry. AmberWave Systems has become a leader in laminating strained silicon layers on bulk silicon for the CMOS industry, and will be expanding its portfolio of laminate technologies to access broader markets, such as solar energy and advanced electro-optical devices.

Having worked on this technology for several years before founding Aonex, and after working closely with his team for the past four years, professor Atwater is pleased to continue his association with AmberWave Systems on the commercialization of the technology.

"I have always been enthusiastic about the potential for Aonex and the lamination process," Atwater said. "The company is now at a stage where it has proven the core concepts, but needs a significant investment in market development to elevate to the next level. AmberWave Systems brings needed market experience and financial resources to build on the foundation that has already been established. I am very pleased that I can continue to be a part of this exciting venture and am looking forward to an ongoing collaboration with AmberWave Systems."

####

About AmberWave Systems
Founded in 1998, AmberWave Systems has become a leader in the research, development and licensing of advanced technologies for semiconductor manufacturing. By funding and guiding university research, AmberWave Systems is bringing new technology developments to fruition through patents and technology licensing. In conjunction with its university research projects, AmberWave Systems conducts its own research, development and limited manufacturing in its semiconductor fabrication facility in Salem, New Hampshire. In addition, AmberWave Systems collaborates with other technology focused companies to further expand and develop its research.

About Aonex Technologies, Inc.

Aonex Technologies, Inc. is a developer of proprietary substrates that both enhance the efficiency and reduce the production cost of devices such as LEDs and high-efficiency solar cells. The Company is based in Pasadena, California.

For more information, please click here

Contacts:
Shelton Group
Melissa Conger
972-239-5119 ext. 137

Copyright © Business Wire 2008

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.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Video captures bubble-blowing battery in action: Researchers propose how bubbles form, could lead to smaller lithium-air batteries April 26th, 2017

New Product Nanoparticle preparation from Intertronics with new Thinky NP-100 Nano Pulveriser April 26th, 2017

California Research Alliance by BASF establishes more than 25 research projects in three years April 26th, 2017

Affordable STM32 Cloud-Connectable Kit from STMicroelectronics Puts More Features On-Board for Fast and Flexible IoT-Device Development April 26th, 2017

Display technology/LEDs/SS Lighting/OLEDs

New ultrafast flexible and transparent memory devices could herald new era of electronics April 1st, 2017

UC researchers use gold coating to control luminescence of nanowires: University of Cincinnati physicists manipulate nanowire semiconductors in pursuit of making electronics smaller, faster and cheaper March 17th, 2017

Perovskite edges can be tuned for optoelectronic performance: Layered 2D material improves efficiency for solar cells and LEDs March 10th, 2017

Research opens door to smaller, cheaper, more agile communications tech February 16th, 2017

Chip Technology

Geoffrey Beach: Drawn to explore magnetism: Materials researcher is working on the magnetic memory of the future April 25th, 2017

'Neuron-reading' nanowires could accelerate development of drugs for neurological diseases April 12th, 2017

Nanometrics to Announce First Quarter Financial Results on May 2, 2017 April 11th, 2017

AIM Photonics Presents Cutting-Edge Integrated Photonics Technology Developments to Packed House at OFC 2017, the Optical Networking and Communication Conference & Exhibition April 11th, 2017

Announcements

Video captures bubble-blowing battery in action: Researchers propose how bubbles form, could lead to smaller lithium-air batteries April 26th, 2017

New Product Nanoparticle preparation from Intertronics with new Thinky NP-100 Nano Pulveriser April 26th, 2017

California Research Alliance by BASF establishes more than 25 research projects in three years April 26th, 2017

Affordable STM32 Cloud-Connectable Kit from STMicroelectronics Puts More Features On-Board for Fast and Flexible IoT-Device Development April 26th, 2017

Patents/IP/Tech Transfer/Licensing

Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

Making Batteries From Waste Glass Bottles: UCR researchers are turning glass bottles into high performance lithium-ion batteries for electric vehicles and personal electronics April 19th, 2017

'Neuron-reading' nanowires could accelerate development of drugs for neurological diseases April 12th, 2017

Laser activated gold pyramids could deliver drugs, DNA into cells without harm: Microstructures create temporary pores in cells March 27th, 2017

Acquisitions/Mergers/Splits

Bruker Announces Acquisition of Nanoindenting Leader Hysitron: Acquisition strengthens Brukerís leading position in nanoanalysis and nanomechanical materials characterization January 24th, 2017

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Entest BioMedical, Inc. in Discussions to Acquire Nanotechnology Delivery System for Cancer Therapy June 3rd, 2015

Evident Thermoelectrics Acquires GMZ Energy: Investment Accelerates Launch Of Evident's Thermoelectric Modules For Waste Heat May 20th, 2015

Solar/Photovoltaic

SUNY Polytechnic Institute Announces Total of 172 Teams Selected to Compete in Solar in Your Community Challenge: Teams from 40 states, plus Washington, DC, 2 Territories, and 4 American Indian Reservations, Will Deploy Solar in Underserved Communities April 20th, 2017

Better living through pressure: Functional nanomaterials made easy April 19th, 2017

Shedding light on the absorption of light by titanium dioxide April 14th, 2017

Controlling forces between atoms, molecules, promising for Ď2-D hyperbolicí materials April 4th, 2017

NanoNews-Digest
The latest news from around the world, FREE



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











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project