HexaTech signs with Japanese rep
HexaTech, a maker of AlN-based semiconductor material and devices, has signed an agreement with Okaya & Co Ltd of Nagoya, Japan, and its US subsidiary, Okaya USA.
The agreement establishes Okaya as the sole representative for HexaTech's AlN substrate products in Japan, and also includes a direct equity investment by Okaya in HexaTech.
HexaTech's AlN materials have been shown to be a foundation for making high quality UV-C LEDs, which according to to the company hold potential to revolutionise the sterilisation and purification markets, by providing compact, highly efficient, long-life sources of light.
John Goehrke, HexaTech CEO stated: "We are very excited about the agreement, and the close collaborative relationship that we have forged with Okaya. Their strong belief in HexaTech and our current and future products, as supported by the Japanese market, highlight that our business strategy is ideally positioned and customer-focused. Further, as we look to our upcoming UV-C LED launch, we anticipate a further integration of our business activities, relying on Okaya's strengths in this important market."
"We are very excited to form this strategic alliance with HexaTech', remarked Okaya senior management. "HexaTech's current substrate products, as we know from our customers, are not only world-leading, but we foresee their future LED products to be in great demand, creating significant opportunities for both companies."
