5N Plus gives GaN IP back to Allos
5N Plus Inc, a Canada-based producer of specialty semiconductors and materials, has entered into an agreement, through its subsidiary, Azur Space Solar Power GmbH, with Dresden-based micro-LED and GaN-on-Si expert Allos Semiconductors.
The aim is to complete the development and commercialisation of a GaN IP portfolio that 5N Plus has provided to Allos Semiconductors for a nominal value in exchange for future royalties.
Prior to becoming part of 5N Plus in 2021, Azur had acquired a package of technology and patents for High Power Electronics (HPE) and RF applications from Allos Semiconductors in 2020. This package will now be transferred back to Allos, along with additional GaN IP.
“This transaction allows 5N Plus to focus on its core business while benefiting from the growth of the HPE market through royalties. With Allos, we have found the strongest possible partner to commercialize the technology over time,” said Gervais Jacques, president and CEO, 5N Plus.
“With this acquisition we are further strengthening our IP position,” said Burkhard Slischka, co-founder and CEO of Allos Semiconductors.
The company specialises in 200 mm and 300 mm epiwafers for micro-LED applications, that can be processed in standard silicon fabs. Allos’ customers are micro-LED and display companies, working with silicon foundries to achieve the yield and unit cost breakthroughs that are critical to turning micro-LED display prototypes into mass consumer products.
Slischka added: “We remain focused on our successful micro-LED technology while exploring synergies with the rapidly growing HPE market. We are open to new partnerships in GaN HPE and our now expanded IP portfolio remains available for licensing.”
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