Planar Systems have entered into an agreement where Beneq has
acquired the Finnish based ALD Equipment and Coating service business
Planar has had a remarkable depth of experience with ALD
(Atomic Layer Deposition) which has made it a leader in industrial
applications of ALD. Planar has used ALD in-house since its inception.
Based on the extensive cumulated production know-how, it has designed
and built over 50 ALD tools, for both production and advanced
R&D. In addition to its own display manufacturing, Planar has
been offering ALD equipment and services for unique new thin film
applications through a dedicated ALD business team.
The acquisition comprises of the team of professionals with
necessary assets needed for continuing the coating service and
equipment business. As part of the agreement Planar grants also Beneq a
license to its patents in the area of ALD. After the merger, Beneq will
continue to serve both Beneq's and Planar's existing and new customers
by providing both ALD equipment and coating services needed for concept
verification purposes with strengthened capabilities and resources.
This acquisition will make Beneq a world-leading company to address the
need for precise, highly-conformal atomic level deposition of thin film
materials beyond IC and semiconductor industry.