LONDON Quantum dot technology specialist NL Nanosemiconductor GmBH has bought for an undisclosed sum rival Zia Laser Inc, a leading innovator and manufacturer of quantum dot semiconductor lasers.
Both companies have been pioneers in the development and commercialization of quantum dot technology for semiconductor lasers.
"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 Jurgen Kurb, CEO of NL Nanosemiconductor (Dortmund, Germany).
Kurb added applications such as optical imaging and medical treatment will also benefit from the technology, particularly the broad gain spectrum and 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," said Kurb in a statement Friday (Dec. 1).
Zia (Albuquerque, New Mexico) received $22 million in funding from four VC firms over the past six years RWI Group, Massachusetts-based Prism Venture Partners, Venrock Associates of New York City and Harris & Harris Group Inc., also from New York. In the last round of funding in 2005, those firms and an unnamed strategic partner, provided $8 million.
The company was spun off from the renowned Center for High Technology Materials at the University of New Mexico in June 2001. It is understood Zia put itself up for sale two months ago.
NL Nanosemiconductor makes epitaxial wafers with quantum dots grown by molecular beam epitaxy and high power laser modules, as well as broadband and modelocked lasers.