COLLPLANT COMPLETES ACQUISITION OF LIGHTSOLVER, ENTERING THE PHOTONIC COMPUTING SECTOR
Summary
CollPlant completed its acquisition of LightSolver and formally entered the photonic computing and high-performance computing sectors. LightSolver develops the Laser Processing Unit, an all-optical computing platform aimed at accelerating demanding scientific and engineering workloads. The transaction includes equity consideration and a $5 million investment to support commercialization and milestone-based growth. Both companies say the deal will help LightSolver expand strategic partnerships and pursue global commercial opportunities.
AskAI Classifications
Sectors
No sectors detected
Functions
Developer and IT Infrastructure
Development Platforms
Infrastructure Management
Linked Companies
LightSolver
$1M to $5M