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nanotimes
Companies Facts
Companies – Summaries 3
M has entered into a definitive agreement to acquire Attenti Holdings S.A. from an investor
group led by Francisco Partners, for a purchase pri- ce of $230 million in cash. Based in Tel Aviv, Israel, Attenti is a leading supplier of remote people mo- nitoring technologies used for a variety of offender monitoring applications, such as people awaiting trial or on probation; and to assist eldercare facilities in monitoring and enhancing the safety of patients.
3M, through its New Ventures business, invests in Printechnologics, a German printed electronics specialist, aimed at joint efforts for providing innova- tive solutions for electronic circuitry on paper or foil. Terms of the transaction were not disclosed.
Printechnologics developed custom alterations to conventional printing methods with extremely high scalability and cost advantages to address mass markets. One product, a printed battery, is the first printed electrical power source which is not only thin and flexible but also easily and quickly adapta- ble to all product requirements. The printed battery is being developed in close co-operation with the Fraunhofer Research Institution for Electronic Nano Systems ENAS and the Institute for Print and Media Technology of the German Technical University of Chemnitz. http://www.printechnologics.com
http://www.3m.com
interest in Powdermet, Inc. Powdermet, formed in 1996, is currently transitioning from an engineered nano-powder R&D lab into a commercial sector company.
A
As Brian Doud, Engineering Manager of Powdermet pointed out, “Powdermet’s breakout product plat- form of advanced materials solutions derived from our nano-engineered agglomerate technology inclu- de SComP™ and MComP™ energy absorbing ultra- lightweight syntactic- and nano-composite metals. These technologies will make quite an impact in the crash and ballistic/IED energy management markets with a 50% weight reduction and the ability to dissi- pate 500% more impact energy when compared to current aluminum alloys and foamed metals sold in the market.”
Powdermet, Inc. develops and manufactures metal and ceramic structures which have been engineered for performance at the nano, micro, and meso- scales. The Company has core competencies in the production of engineered particles, formed by both top-down and bottom-up techniques to create engi- neered building blocks that can be used to produce parts and coatings with extraordinary performance. http://www.powdermetinc.com
bakan Inc. (OTCQB: ABKIE) has entered into a stock purchase agreement to acquire a 41%
10-09 :: September 2010
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