2012-11-16

GT Advanced Technologies Spends $10 million to Acquires Assets of Twin Creeks Technologies

GT Advanced Technologies Inc. announced it has acquired certain capital assets and intellectual property of Twin Creeks Technologies, Inc., a privately owned company that has developed an ion implanter technology that enables the production of lower cost thin substrates with minimal material (kerf) loss. The assets were purchased from Twin Creeks’ lenders in a private sale for approximately $10 million and royalties that will be based on future sales. GT expects that Twin Creeks’ unique Hyperion™ ion implanter technology will have broad application in...
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Munich, Germany – Valeo, a global leader in automotive lighting, and Ennostar, a global leader in optoelectronic solutions, are collaborating on smart automotive exterior displays. Their first collaborative product is showcased at IAA Mo... READ MORE

The all-new Mercedes-Benz GLC: the highlights For many years, the GLC has been the most popular model from Mercedes-Benz, repeatedly topping the charts as the brand’s bestseller, worldwide. As was the case once again in the first half of... READ MORE