Indium Corporation Acquires Assets of Reactive NanoTechnologies

(September 22, 2009) CLINTON, NY — Indium Corporation acquired the processes, equipment, and know-how of Reactive NanoTechnologies Inc. (RNT), developer and manufacturer of NanoFoil.
 
Indium will move the RNT process and equipment, and a core staff, into its Utica Business Park (Utica, NY) facility. There will be minimal disruption in the RNT business operation as integration activities are already underway. Customers will now place their orders and inquiries directly through Indium Corporation. The core RNT team, along with Indium Corporation personnel, will continue supporting the NanoFoil and NanoBond business.
 
NanoFoil delivers precise, instantaneous heat energy for advanced joining applications. RNT developed the NanoBond joining process to simplify manufacturing and ensure the benefits of NanoFoil are maximized. NanoBond bonds sputtering targets and is used in several electronics manufacturing applications including LED assembly and thermal management. “There is a strong synergy with the Indium Corporation solder, assembly, and thermal interface materials product lines,” stated Joe Grzyb, RNT’s CEO. 

According to Ross Berntson, Indium VP of sales, marketing, and technical Support, “We expect this nano technology to enhance Indium Corporation’s diversity and strength as a materials supplier to the $2.8 billion sputtering target market as well as to enhance our position in the metallic thermal interface market, two application segments that are the primary focus of this business.”

For more information about Indium Corporation, visit http://www.indium.com

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