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BluGlass acquires contract manufacturer GaNWorks Foundry for US$800,000

What happened

Australian GaN laser diode developer BluGlass has acquired its U.S.-based contract manufacturing partner GaNWorks Foundry for $800,000, paid mostly in new shares. This vertical integration aims to secure and potentially expand BluGlass's manufacturing capacity for its proprietary RPCVD-based GaN devices. 利多: The deal consolidates supply chain control for a niche GaN player, which could stabilize or improve its component availability, but the direct impact on broader GaN market pricing is limited due to the small scale.

Impact and signal

Medium impactImpact score: 42/100

Affected components and suppliers

GaN Laser DiodesGaN Power Semiconductors
BluGlass LtdGaNWorks Foundry Inc
merger-acquisitionfoundrycapacity-integration

Source and time

Source: Semiconductor Today · 12/7/2023 · View original source

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