CS Services Investment, Capital, Merger&Acquisition

Representatives from the Welsh and UK Governments, the Cardiff Capital City Region Deal, and IQE plc Agreed to Establish CS Foundry as Part of CS Connected Cluster

The Cardiff Capital Region City Deal, along with representatives of the Welsh and UK Governments, and IQE plc, came together to agree to the development of the Compound Semiconductor Foundry, which will assist in establishing the CS Connected Cluster. The CS Connected Cluster intends to join international businesses, academics, and …

Read More

II-VI Acquires Integrated Photonics

II-VI Incorporated based in Saxonburg, Pennsylvania USA announced the acquisition of Integrated Photonics, Inc., headquartered in Hillsborough, New Jersey.The cash transaction valued at about $45.0 million at closing also comes with a $2.5 million earn out. The business will be a division of II-VI’s Photonics segment. Integrated Photonics Spun-out of …

Read More

Daylight Solutions Acqusition by Leonardo DRS Completed

Daylight Solutions of San Diego reported on Thursday that the firm is now part of Leonardo DRS. The completion of the $150 million acquisition came after the companies obtained final regulatory approvals for the acquisition. The companies first announced the deal in March 2017. Daylight Solutions said it will continue operating from San …

Read More

Veeco Acquisition of Ultratech Completed

Veeco Instruments Inc., a supplier of advanced thin film etch and deposition process equipment based in Plainview, New York USA, reported the completion of its acquisition of Ultratech, Inc (Ref: Coverage). Ultratech based in San Jose, California provides lithography, laser-processing and inspection systems for the fabrication of semiconductor devices and LEDs. …

Read More

CST to Serve as Commercial Lead on CoolBlue Project; Sivers Acquires CST in Merger

UK firm, Compound Semiconductor Technologies Global Ltd (CST Global), a III-V optoelectronic semiconductor foundry, reports that the company will serve as the commercial lead of the government-funded, CoolBlue research project. Academic partners for the project are Glasgow and Aston Universities. Sivers Acquires CST Just days after reporting about the CoolBlue …

Read More