Unidym Sold To Korean Firm
Sunnyvale-based Unidym, a developer of carbon nanotube technology, has been sold to Korean electronics firm Wisepower Co. Ltd, according to investor Arrowhead Research. According to Arrowhead, Wisepower Co. Ltd will pay $5M upfront and up to $140M in earnout for Unidym. In addition to Arrowhead, Unidym's investors included Battelle, Tokyo Electron Limited, and Entegris.
posted on Tuesday, January 18, 2011
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