Press Release
FOR IMMEDIATE RELEASE
NL Nanosemiconductor Acquires Zia Laser
New Entity to Deliver Advanced Quantum Dot Semiconductor Laser Technology
Dortmund, Germany and San Jose, California (December 1, 2006) — NL Nanosemiconductor GmBH, a leader in the commercialization of Quantum Dot technology for semiconductor lasers, announced today it has acquired Zia Laser Inc, a leading innovator and manufacturer of Quantum Dot semiconductor lasers. 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.
About NL Nanosemiconductor:
NL Nanosemiconductor Germany is a supplier of epitaxial wafers with Quantum Dots grown by molecular beam epitaxy (MBE) and high power laser modules, as well as broad-band and modelocked lasers. The company's long term development focus is to drive performance improvements of semiconductors by delivering lasers for inter-chip and intra-chip timing and signal distribution. Zia Laser Inc is a leading innovator and manufacturer of Quantum Dot semiconductor lasers. Zia technology is used in metro, access, test and measurement of communication systems, as well as medical devices.
About Zia Laser:
Zia Laser is a leading innovator and manufacturer of Quantum Dot semiconductor lasers. The company, headquartered in Albuquerque, New Mexico, spun off from the renowned Center for High Technology Materials at the University of New Mexico in June 2001. Investors include Prism Venture Partners, RWI Ventures, Harris and Harris Group and Venrock Associates. Web site: www.zialaser.com.
About Bowen Advisors:
Bowen Advisors is a mergers and acquisitions advisor focused exclusively on the communications technology market. We combine deep domain expertise in the sector gained from "line" experience holding senior management positions at communications technology companies blended with extensive transaction experience. Bowen Advisors' combination of singular focus and field proven expertise in finance and direct operations sets us apart. Our clients find our approach unique and critically valuable as they explore ways to maximize their growth potential and create value for their shareholders. Bowen Advisors was incorporated in 2002 and has its principle offices in Boston and San Francisco. Web site: www.bowenadvisors.com.
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