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Semiconductors and Industrial Electronicsworld trade 2024+6.8% 5Y CAGR

Feb 1, 2019INVESTMENTSanta Barbara, California, United States

Cerium Technology takes majority stake in IMT

Innovative Micro Technology (IMT) announced a majority equity financing led by Cerium Technology. Proceeds will increase R&D, upgrade equipment, and complete a new 8-inch wafer fabrication line.

Status

Announced

ProductsMEMS components

CompaniesInnovative Micro Technology Cerium Technology investor

Sectors#Semiconductors and Industrial Electronics

“In the past five years we have matured this business from a development services firm into a volume manufacturer of innovative MEMS components.”cerium-technology.com

1 source
cerium-technology.comIMT Receives Majority Investment from Cerium TechnologyCerium Technology Ventures, LLCFeb 1, 2019

Summarized from public sources; check the original articles before acting on it.

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