ReRAM Startup in Reverse Takeover for Funds
Peter Clarke, EETimes
3/21/2016 11:10 AM EDT
LONDON—Australian firm Radar Iron Ltd. is set to acquire Weebit Nano Ltd. (Tel Aviv, Israel), a company founded in 2014 to commercialize silicon dioxide resistive RAM technology.
Radar Iron is traded on the Australian Stock Exchange and one of the terms of the deal is that Radar Iron will change its name to Weebit Nano Ltd. once the takeover is completed. The deal also includes the raising of A$5 million (about $3.8 million) and is expected to close early in 1Q16 with Radar Iron relisting on the ASX on April 13 with a new ticker name Weebit.
To read the full article, click here
Related Semiconductor IP
- Xtal Oscillator on TSMC CLN7FF
- Wide Range Programmable Integer PLL on UMC L65LL
- Wide Range Programmable Integer PLL on UMC L130EHS
- Wide Range Programmable Integer PLL on TSMC CLN90G-GT-LP
- Wide Range Programmable Integer PLL on TSMC CLN80GC
Related News
- UK startup is raising funds for Open Power processor
- Weebit Nano and DB HiTek tape-out ReRAM module in DB HiTek's 130nm BCD process
- Faraday and Kiwimoore Succeed in 2.5D Packaging Project for Mass Production
- DisplayPort Rx PHY and Controller IP Cores in multiple Leading Technology Nodes for Next-Generation Video SoCs
Latest News
- RaiderChip NPU for LLM at the Edge supports DeepSeek-R1 reasoning models
- The world’s first open source security chip hits production with Google
- ZeroPoint Technologies Unveils Groundbreaking Compression Solution to Increase Foundational Model Addressable Memory by 50%
- Breker RISC-V SystemVIP Deployed across 15 Commercial RISC-V Projects for Advanced Core and SoC Verification
- AheadComputing Raises $21.5M Seed Round and Introduces Breakthrough Microprocessor Architecture Designed for Next Era of General-Purpose Computing