Comrod acquires TransOpto to add optical links to its defence portfolio
Norwegian communications company Comrod has acquired TransOpto in Kristiansand, which develops wireless optical data links. The technology gives defence customers an alternative to radio communication that is harder to detect.
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Bosch sets up €100 million fund for German deep-tech startups
Bosch is launching a new venture fund, Spark, which will invest EUR 100 million in German startups. The focus is on deep tech in seed and early stages.
XIVER secures €28 million from ABN AMRO to expand photonics foundry
Eindhoven-based specialty foundry XIVER has received EUR 28 million in debt financing from ABN AMRO. The money is part of a EUR 55 million programme to expand and modernise its production of photonic chips and other microsystems.
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Former SK hynix 200mm fab in Oregon up for sale
A former 200mm memory fab in Eugene, Oregon, originally built by SK hynix, has been put up for sale. The site has about 170,000 square feet (15,800 square metres) of potential cleanroom production space, and much of the infrastructure is still in place.
Poland seeks to seize opportunities in Europe’s semiconductor sector
Poland’s semiconductor market could grow from USD 5.1 billion in 2025 to USD 23.7 billion by 2035. A report by Bank Gospodarstwa Krajowego (BGK), Poland’s state development bank, also identifies opportunities for the domestic sector not in building chip fabrication plants, but in developing integrated circuit design, power electronics, photonics, and semiconductor assembly and testing technologies. The outlook for an industry that is becoming increasingly important to European manufacturing will also be discussed at Evertiq Expo in Warsaw, scheduled for 22 October at PGE Narodowy Stadium.
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Edge, Hanwha strengthen cooperation on integrated air defence
The two companies signed a Term Sheet outlining the direction of cooperation related to the UAE’s integrated air defence requirements, including the South Korean L-SAM system, additional M-SAM capabilities, and the Chunmoo MRLS.
Jabil and Adani plan 50:50 joint venture for AI hardware in India
Jabil and Adani Enterprises have signed a non-binding memorandum of understanding to form a joint venture that would manufacture AI racks, servers and data centre equipment in India. The companies are aiming for a manufacturing capacity of several gigawatts.
Varta’s consumer battery business spun off from insolvent parent
Varta Consumer Batteries will once again operate as an independent company after Germany’s Federal Ministry for Economic Affairs approved its spin-off from the insolvent Varta AG group. The lenders take over the business, and all 990 jobs will be kept.
Applied Materials opens $5 billion EPIC Center in Silicon Valley
Applied Materials has unveiled its EPIC Center in Sunnyvale, California, where chipmakers, equipment suppliers and universities will develop new semiconductor processes alongside the company’s own engineers. TSMC, Intel, Samsung, SK hynix and Micron are among the founding partners.
Nokia to sell private wireless business to Aurelius
Nokia is selling Enterprise Campus Edge, its private wireless and industrial edge business, to investment firm Aurelius. The divestment is another step in Nokia’s strategy to concentrate its resources on fewer areas.
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