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Lion Photonix, Micro System Technologies to Develop Lab-on-a-Chip Systems
Apr 2002
ENSCHEDE, The Netherlands, April 19 -- Lion Photonix Technologies BV and the business unit Micro System Technologies of 3T BV, both based in Enschede, The Netherlands, have joined forces to develop lab-on-a-chip systems.

All the activities of Micro System Technologies have been transferred to Lion Photonix Technologies BV, and the transfer has been paid for in shares to 3T. Lion has also acquired new venture capital and has made and an IPR agreement with the University of Twente on microfluidics technology from the research institute MESA+.

As a result of these activities, Lion Photonics will be renamed LioniX. LioniX will focus on the emerging product-market combinations, components and subsystems in telecommunications and on instruments and equipment in life sciences and industrial process control markets. LioniX is partnering with a variety of providers of complementary technology services and MST-foundries.

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