Midland, MI and Fremont, CA, June 6, 2002 -- Dow Corning Corp. and NeoPhotonics Corp. have formed a strategic partnership to develop the next generation of photonic crystal technology. The combined companies' industry expertise in the fields of nanotechnology, photonics, and silicon chemistry will speed the development of photonic crystal optical devices. The companies intend to commercialize this technology in devices for optical telecommunications as well as in other potential applications.
This financial and scientific partnership will enable both companies to develop technologies that will lead to manufacturing and commercialization of world-class photonic crystal based optical components, serving the optics and telecommunications markets.
Dow Corning Corporation www.dowcorning.com develops, manufactures and markets diverse silicon-based products and services, and currently offers more than 7,000 products to more than 25,000 customers around the world. Dow Corning is a leader in silicon-based materials with shares equally owned by The Dow Chemical Company and Corning Inc. More than half of Dow Corning sales are outside the United States.
NeoPhotonics Corporation wwwneophotonics.com develops and manufactures advanced optical components and devices by integrating optical materials using the company's proprietary nanomaterials-based processes. The company's custom-engineered platform solutions uniquely enable integration of active and passive functions into planar waveguide product platforms. NeoPhotonics is privately held, with investors including Bay Partners, Venrock Associates, Rockport Capital Partners, CDP Capital Technology Ventures, Institutional Venture Partners, Small Technology Venture Capital, Ardesta and others.
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