Recently, the US IQE company announced the acquisition of a NanoGaN company specializing in the development of GaN technology in the United Kingdom.
Currently, NanoGaN has mastered a range of processes and key intellectual property (IP) related to GaN materials and devices, including "Nanocolumn Technology" for the production of GaN substrates. These technologies are critical for the production of blue and green semiconductor lasers and ultra-high brightness LEDs. IQE will assist NanoGaN in the commercialization of the final product, and finally introduce this technology into its factory for mass production. It is expected to start selling in 2010. It is understood that IQE is a manufacturer of epitaxial wafers and substrates for the photovoltaic, solar and LED lighting markets. The acquisition of NanoGaN will help IQE accelerate the launch of advanced blue/green semiconductor lasers and solid-state lighting products. pace. The transaction amounted to 3.6 million pounds (about 5.76 million US dollars), mainly due to the patented technology applied by NanoGaN. The initial £400,000 will be paid by issuing shares and cash, and the remaining amount of IQE will have the right to choose stocks or cash to pay.
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