Announced
Financials
Tags
Friendly
Private
Pending
Single Bidder
Computer Hardware
United States
high-performance computing
photonic processors
Acquisition
Cross Border
Minority
Private Equity
Venture Capital
Synopsis
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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