Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International



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

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024

Shedding light on perovskite hydrides using a new deposition technique: Researchers develop a methodology to grow single-crystal perovskite hydrides, enabling accurate hydride conductivity measurements May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Display technology/LEDs/SS Lighting/OLEDs

Utilizing palladium for addressing contact issues of buried oxide thin film transistors April 5th, 2024

Light guide plate based on perovskite nanocomposites November 3rd, 2023

Simple ballpoint pen can write custom LEDs August 11th, 2023

Novel design perovskite electrochemical cell for light-emission and light-detection May 12th, 2023

Chip Technology

Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024

Utilizing palladium for addressing contact issues of buried oxide thin film transistors April 5th, 2024

Announcements

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024

Finding quantum order in chaos May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Patents/IP/Tech Transfer/Licensing

Getting drugs across the blood-brain barrier using nanoparticles March 3rd, 2023

Study finds nanomedicine targeting lymph nodes key to triple negative breast cancer treatment: In mice, nanomedicine can remodel the immune microenvironment in lymph node and tumor tissue for long-term remission and lung tumor elimination in this form of metastasized breast cance May 13th, 2022

Metasurfaces control polarized light at will: New research unlocks the hidden potential of metasurfaces August 13th, 2021

Arrowhead Pharmaceuticals Announces Closing of Agreement with Takeda November 27th, 2020

Acquisitions/Mergers/Splits

The concept of creating «brain-on-chip» revealed: A team of scientists is working to create brain-like memristive systems providing the highest degree of adaptability for implementing compact and efficient neural interfaces, new-generation robotics, artificial intelligence, perso May 29th, 2020

180 Degree Capital Corp. Life Science Portfolio Company Enters Into Definitive Agreement to be Acquired May 6th, 2020

180 Degree Capital Corp.’s Portfolio Company, Synacor, Inc., Agrees to Merge with Qumu Corporation in All-Stock Transaction February 11th, 2020

Combination of Nanometrics and Rudolph Technologies to Create Onto Innovation October 16th, 2019

Solar/Photovoltaic

Development of zinc oxide nanopagoda array photoelectrode: photoelectrochemical water-splitting hydrogen production January 12th, 2024

Shedding light on unique conduction mechanisms in a new type of perovskite oxide November 17th, 2023

Inverted perovskite solar cell breaks 25% efficiency record: Researchers improve cell efficiency using a combination of molecules to address different November 17th, 2023

Charged “molecular beasts” the basis for new compounds: Researchers at Leipzig University use “aggressive” fragments of molecular ions for chemical synthesis November 3rd, 2023

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




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project