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Atomica (formerly Innovative Micro Technology) announced a majority equity financing led by Cerium Technology. Proceeds will increase R&D investments, upgrade equipment, and complete installation of a new 200mm wafer fabrication line.
“Proceeds from the financing will be used to increase R&D investments in the company’s standard process platforms, upgrade existing equipment, and to complete the installation of Atomica’s new 8” (200mm) wafer fabrication line.”atomica.com
Summarized from public sources; check the original articles before acting on it.