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New Deal


Announced

SIP Global Partners to invest in Lightmatter.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

Pending

Single Bidder

Computer Hardware

United States

high-performance computing

photonic processors

Acquisition

Cross Border

Minority

Private Equity

Venture Capital

Synopsis

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SIP Global Partners, a venture capital firm, agreed to invest in Lightmatter, a hardware and software solutions provider. Financial terms were not disclosed. "By increasing speed, lowering cost, and reducing environmental impact, our technologies can continue to push the limits of what's possible, fueling greater AI adoption and innovation. We are thankful for the support of our investors, each of whom share our vision of Lightmatter playing an integral role in the future of computing," Nick Harris, Lightmatter Co-Founder and CEO.

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