Molecular Imprints was a Texas based technology company who developed high-resolution, low cost-of-ownership nano-patterning systems and solutions in the hard disk drive and semiconductor industries. Dr. S.V. Sreenivasan founded the company in 2001 after spinning out of the labs in University of Texas.
In February 2013 Canon announced acquiring the semiconductor lithography imprint equipment technology and merging with Molecular Imprints. The CEO of Molecular Imprints, Mark Mellier-Smith, made the following comments regarding Canon's acquisition of the company's lithography equipment:
After establishing a business alliance with Canon four years ago to provide a technologically enabled low cost nanolithography solution to the semiconductor industry, I'm very pleased to acknowledge the tremendous progress we have achieved in the pursuit of this goal. Based on this success, the merger was a natural next step for our companies.
The merger of Canon and Molecular Imprints marks the creation of a new company that will maintain the name Molecular Imprints. The merger was completed in April 2014 after approval from shareholders and government agencies.
In 2015 Magic Leap announced acquiring the non-semiconductor portion of Molecular Imprints. Magic Leap plans on using technology developed by Molecular Imprints to help them create multi-scale optical elements fabricated using Imprint.
Non-semiconductor portion of Molecular Imprints has been acquired by Magic Leap, a virtual reality start up that raised $542M last year in a B round led by Google
Canon Inc takes over Austin, Texas-based Molecular Imprints Inc, which develops nanoimprint lithography systems, in a bid to strengthen its chipmaking equipment business.
Molecular Imprint Becomes a Virtual Reality Company
July 14, 2015
- SemiconductorThe semiconductor industry comprises companies specializing in the development and production of semiconductors and semiconductor devices, such as transistors, diodes, and integrated circuits (ICs).
- LithographyLithography is a type of printed graphics, based, unlike engraving, on the technique of flat printing, in which printing ink is transferred under pressure from a flat printing plate to paper.
- CompanyA company, abbreviated as "Co." within a company name, is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise.