CVD to Buy First Nano Assets

RONKONKOMA, N.Y., May 16 -- CVD Equipment Corp. (CVD), a maker of chemical vapor deposition (CVD) equipment, announced Friday it has signed a contract with First Nano Inc., of Carpinteria, Calif., to purchase certain assets of its nanotechnology process development and equipment business.
First Nano makes turnkey CVD processing systems for the production of single wall nanotubes (SWNT). It was established in May 2003 by Virgil Elings, who also founded Digital Instruments; Dennis Adderton, formerly of NanoDevices and Digital Instruments; Stephen Minne of Stanford University and former president of NanoDevices; and Cary Chee, formerly of FEI Co. and Veeco Instruments.
For more information, visit: www.cvdequipment.com