Printer Friendly
The Free Library
4,491,472 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ALIS Corporation Acquired by Carl Zeiss SMT; Venture Funded Nanotechnology Start-Up Exits.


PEABODY, Mass. -- ALIS ALIS - Access Lines in Service (telecommunications)
ALIS - Advanced Life Insurance System
ALIS - Aegis LAN Interconnect System
ALIS - Alaska Land Information System
ALIS - Alternate Lighting of Surface Method (Fujitsu and Hitachi plasma displays)
ALIS - Association du Locked-In Syndrome (Association for the Locked-In Syndrome)
ALIS - Automated License Issuance System (Wisconsin state government)
ALIS - Autonomic Logistics Information System
 Corporation, a nanotechnology start-up developing scanning ion microscopes and imaging systems, today announced it has been acquired by Carl Zeiss' Nano Technology Systems Division (NTS).

The 36 scientists and engineers currently employed by ALIS Corporation will stay with the company, now a wholly owned subsidiary of Carl Zeiss SMT. ALIS' core technology and research efforts will remain in Peabody, Massachusetts. Future plans include an increase in staff to bring ALIS' helium ion microscopes to market. Bill Ward will remain Chief Technology Officer, and ALIS co-founder, Nick Economou, will continue serving as the company's Chief Executive Officer.

"I spent two years looking for the right venture capital team to fund and help guide the company and it was worth every day," said Bill Ward co-founder and inventor of the ALIS technology. "Our investors were key to the early and successful acquisition."

Founded in 2005 and financed by Kodiak Venture Partners, Arch Ventures and Intel Capital, ALIS Corporation created a helium ion technology that enables scientists to see at the atomic level with resolution and material contrast never before observed in the scientific world. This acquisition will accelerate the market availability of ALIS' helium ion technology, thereby propelling major advancements in scientific discovery and innovation. For example, ALIS' technology will enable the production of faster and more powerful semiconductors, and reduce the time-to-market of complex pharmaceuticals.

"ALIS Corporation had the perfect combination of entrepreneurial experience, technical expertise and market opportunity so we knew right away it would a winning investment," said Dave Furneaux, Managing General Partner, Kodiak Venture Partners. "The investors and management teamed up to steer the company and bring this acquisition to fruition."

About ALIS Corporation

ALIS Corporation is a provider of next-generation, atomic-level microscopes for the global semiconductor, life sciences and materials sciences industries. ALIS Corporation's disruptive breakthrough in helium ion technology has enabled the company to develop a revolutionary scanning ion microscope and imaging system that allows scientists to see at the atomic level with resolution and material contrast never before seen. The company is headquartered in Peabody, Massachusetts. Additional information about ALIS Corporation and its unique helium ion technology is available on the company's website at www.aliscorporation.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Sep 11, 2006
Words:365
Previous Article:CPI Aero Announces Release of C-5 Top Order Valued at $1.1 Million.
Next Article:New PCI Compliance Solution from New Boundary Technologies Eases Compliance Complexity, Eliminates Internal and External Threats; Expanding Solution...



Related Articles
Taking the Plunge.
Carl Zeiss SMT opens applications/demo lab.(Business & Industry)
Nanotechnology detection device.(New Products)
Scanning electron microscope.(New Products)(Buyers Guide)
Carl Zeiss SMT.(People in the Industry)
Carl Zeiss establishes research center at UCI.(Business & Industry)
Turnaround appears on horizon for L.A. biotech funding.
Dual measuring instruments.(METALCASTING SUPPLIES)
The venture adventure.
'Investing in people that have the passion and experience'.(SPECIAL REPORT WHO'S WHO IN FINANCE VENTURE CAPITALISTS)

Terms of use | Copyright © 2008 Farlex, Inc. | Feedback | For webmasters | Submit articles