Nanogan pays $500,000 in patent purchase

IQE plc, a global supplier of advanced wafer products and wafer services to the semiconductor industry, announced that its subsidiary NanoGaN Limited has secured the purchase and assignment of a portfolio of patents from Taiwan-based Luxtaltek Corporation.

NanoGan Limited has agreed a one-off payment of $500,000 for the purchase.

“The portfolio of 54 patents cover a range of novel technologies and applications based mainly on Quasi Photonic Crystals (QPC),” said IQE.

“This advanced materials technology complements the group’s organic development of NanoImprint Lithography (NIL), and broadens the potential application of NIL beyond IQE’s current focus on advanced DFB lasers.

“Indeed, the patents acquired have applications in optical components including VCSEL and edge emitting lasers,modulators, silicon photonics, fibre optic systems, micro LED displays, image sensors including Diffractive Optical Elements (DOE) and biosensors.”

IQE chief executive Drew Nelson said: “Over the last few years, IQE has developed an exciting and strong IP portfolio, which, coupled with the expertise and manufacturing capability to commercialise these new materials technologies have uniquely positioned IQE as the clear global leader in providing advanced compound semiconductor technology solutions.

“This significant addition to our IP portfolio provides the group with additional competitive advantages that will secure our entry and maintain our leadership across a range of new and emerging technology applications, and offer our customers access to a unique portfolio of materials expertise.”