NL Nanosemiconductor Purchases Zia Lasers

Dortmund, Germany and San Jose, CA -- NL Nanosemiconductor GmBH announced it has acquired Zia Laser Inc. The transaction has closed as both companies have secured board and investor approval for the deal. Financial terms were not disclosed.

"Today we see the clear potential of Quantum Dot lasers to enable optical interconnect and optical clock technology. This solution will open markets for III-V-based optoelectronics to a large audience moving forward," said Jürgen Kurb, CEO of NL Nanosemiconductor. "In addition, applications such as optical imaging and medical treatment will benefit from specific features of Quantum Dot technology, particularly the broad gain spectrum and unique wavelength range of 1.1 - 1.3 micron.

"The integration of these two leading companies, with their emerging product portfolios and intellectual property, will provide our shareholders with a strong ROI. Our respective technologies drive fundamental performance improvements of semiconductors by delivering lasers for inter-chip and intra-chip timing and signal distribution. This new entity is a powerful blend of our patented technologies, providing our customers with the critical building blocks to spawn a new era of laser driven silicon computer chips," added Kurb.

In the transaction, Bowen Advisors provided strategic advisory services for Zia Laser's board.

SOURCE: NL Nanosemiconductor