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Applied Launches Venture Fund for Startups in Optical Device Technologies

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SANTA CLARA, Calif., Oct. 31 -- Applied Materials Inc. has launched a venture capital fund to invest in emerging companies that are developing the next wave of semiconductor processing technologies and silicon optical devices. The fund, called Applied Materials Ventures I LP, will invest in companies pursuing "promising thin-film processes and device innovations that potentially may create alternative manufacturing competencies for both the semiconductor and emerging optical communications components industries." The fund is a limited partnership funded by Applied Materials. The...Read full article

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    Published: October 2001
    CommunicationsindustrialNews & Features

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