Kyma Acquires Sel ect Assets and IP Rights fr om Fox Group
Oct 7, 2010 Kyma Technologies, Inc.has announced that it has acquired from The Fox Group certain assets and intellectual property rights.
The Fox Group is a privately-held US corporation with a portfolio of proprietary intellectual property (IP) relating to growth of compound semiconductor crystals and crystal layers. Kyma and Fox have been in discussions over such a possible deal for the past two years.
The assets and IP rights acquired by Kyma pertain to nitride semiconductor hydride vapor phase epitaxy (HVPE) and light emitting semiconductor materials and devices.Kyma expects the acquired resources to accelerate Kyma’s advances in materials and processes, in both contract R&D and product development.
Details of the transaction are confidential.
Author: BIO T&T
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