Indium buys nanomaterials firm Reactive NanoTechnologies

September 24, 2009 – Indium Corp. has acquired processes, equipment, and "know-how" of nanomaterial developer Reactive NanoTechnologies for an undisclosed sum. Process, equipment, and staff will be moved to Indium’s Utica, NY, facility, with the core team continuing to support the firm’s NanoFoil and NanoBond businesses.

"Indium’s presence in the global electronics materials market will allow NanoBond technology to proliferate more quickly and broadly," said Joe Grzyb, RNT’s CEO, in a statement. He added that there is "strong synergy" with Indium’s solder, assembly, and thermal interface materials.

For Indium, the addition will bolster its position in supplying materials for sputtering targets and metallic interfaces, noted Ross Berntson, Indium’s VP of sales, marketing, and technical support.

The news follows one week after RNT licensed its NanoFoil and NanoBond technologies to Taiwan’s Solar Applied Material Technology Corp. (Solartech), to bond sputtering targets using RNT’s room-temperature bonding technique.

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