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BluGlass Ltd of Silverwater, Australia – which has developed proprietary low-temperature, low-hydrogen remote-plasma chemical vapor deposition (RPCVD) technology for manufacturing devices such as laser diodes, next-generation LEDs and micro-LEDs – has agreed to acquire the lease on a commercial 19,000ft2 purpose-built laser diode production facility in Silicon Valley (Fremont, CA, USA) plus manufacturing equipment for US$2.5m (US$2.5m comprising US$2m cash and US$500,000 of new BluGlass shares). The acquisition should fast-track BluGlass’ growth strategy, significantly increasing its laser manufacturing capacity and bringing forward higher-value product development timelines, says the firm...

Source: http://www.semiconductor-today.com/news ... 0322.shtml