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
- Rad-Hard GPIO, ODIO & LVDS in SkyWater 90nm
- 1.22V/1uA Reference voltage and current source
- 1.2V SLVS Transceiver in UMC 110nm
- 1.8V/3.3V GPIO With I2C Compliant ODIO in GF 55nm
- Verification IP for UALink
Related News
- Xiphera Wins ECSO STARtup Award 2025 for Innovation in Cybersecurity
- UK startup is raising funds for Open Power processor
- oneNav Unveils World’s First L5-direct™ ASIC, Delivering More Than an Order of Magnitude Improvement in Jamming Resilience for Positioning and Timing, Leveraging GlobalFoundries’ 22FDX® Process Node
- Dolphin Semiconductor Provides High-Efficiency DC-DC Converter in 40nm to XHSC for High-end Industrial Products Applications
Latest News
- EXTOLL received GlobalFoundries Award for “Interface IP Partner of the Year”
- AiM Future and Franklin Wireless Sign MOU to Jointly Develop Lightweight AI Model and High-Efficiency 1 TOPS AI SoC Chipset
- GlobalFoundries and Silicon Labs Partner to Scale Industry-Leading Wi-Fi Connectivity
- GlobalFoundries Announces Availability of 22FDX+ RRAM Technology for Wireless Connectivity and AI Applications
- GlobalFoundries Announces Production Release of 130CBIC SiGe Platform for High-Performance Smart Mobile, Communication and Industrial Applications