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Cronos Gets $8 Million in First-Round Financing.(Brief Article)
Cronos Integrated Microsystems Inc. (P.O. Box 13942, Research Triangle Park, NC 27709; Tel: 1-877-GET-MEMS, Fax; 919/465-0486) said it has raised $8 million in its first round of venture capital financing. Led by SpaceVest II L.P., other investors consist of Intel Corp. and Knickerbocker LLC.
Cronos, which designs and fabricates MEMS components, will use the funding to help further its growth and expansion in markets in which MEMS devices are gaining rapid acceptance - primarily in telecommunications and microinstrumentation. "The growth we're seeing in key market segments, especially in optical communications, is reminiscent of the early years in the semiconductor industry," says Robert L. Bratter, president and CEO of Cronos. "Completion of our first round of financing underscores our commitment to meet the growing demand for MEMS devices in our markets."
Commenting on Cronos' completion of its financing, David Bishop, head of micro- mechanics research at Lucent Technologies' ...
- Cronos Integrated Microsystems Secures $8 Million in First-Round Financing.
- Press release article from: Business Wire December 8, 1999 700+ words
RESEARCH TRIANGLE PARK, N.C...8, 1999-- Cronos Integrated Microsystems...and products." Cronos was incorporated...incubator in Research Triangle Park, N.C., in...industrial markets. Cronos can be reached...13942, Research Triangle Park, NC 27709; by...
- JDS Uniphase Sells Raleigh, N.C.-Area Chip Maker Cronos at Big Loss.
- Newspaper article from: Knight Ridder/Tribune Business News August 2, 2002 700+ words
...Aug. 2--RESEARCH TRIANGLE PARK, N.C.--Two years...Uniphase bought chip maker Cronos for $565 million...manufacturing operations for Cronos' micro-electro...transferred from Research Triangle Park to the European facilities...About 50 of the 80 Cronos employees will be laid...
- JDS Uniphase to Acquire Optical MEMS Technology Leader Cronos.
- Press release article from: PR Newswire April 4, 2000 700+ words
...definitive agreement to acquire Cronos Integrated Microsystems, Inc...million payable in stock. Cronos, based in Research Triangle Park, North Carolina, is a pioneer...Center of North Carolina -- Cronos is now a full capability source...
- JDS UNIPHASE TO ACQUIRE OPTICAL MEMS TECHNOLOGY LEADER CRONOS.
- Press release article from: PR Newswire April 4, 2000 700+ words
...definitive agreement to acquire Cronos Integrated Microsystems, Inc...million payable in stock. Cronos, based in Research Triangle Park, North Carolina, is a pioneer...Center of North Carolina -- Cronos is now a full capability source...
- MEMS Micorarray from Cronos Features 10-Switch Design.
- Press release article from: Business Wire September 20, 1999 700+ words
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS...September 20, 1999-- Cronos Integrated Microsystems...production. As a result, Cronos is the gateway to MEMS...industrial markets. Cronos can be reached at P.O. Box 13942, Research Triangle Park, N.C. 27709; by...
- Cronos Will Deliver More Tiny Mirrors.
- Newspaper article from: Microtechnology News December 19, 1999 700+ words
Cronos Integrated Microsystems Inc. (Research Triangle Park, NC), a leader in...Robert Bratter, CEO of Cronos. "If you scratch a...technology. Contact: Cronos, P.O. Box 13942, Research Triangle Park, NC 27709; Tel: 877...
- Nanovation Technologies, Cronos Integrated Microsystems Team Up to Develop New...
- Press release article from: Business Wire January 19, 2000 700+ words
...production. As a result, Cronos is the gateway to MEMS application...and industrial markets. Cronos can be reached at P.O. Box 13942, Research Triangle Park, N.C. 27709; by phone...3D MEMS are trademarks of Cronos Integrated Microsystems...
- JDS Uniphase Drops 30 Jobs in Raleigh, N.C., Area; Cutbacks slice into Cronos.
- News wire article from: News & Observer (Raleigh, NC) August 3, 2001 700+ words
...Aug. 3--RESEARCH TRIANGLE PARK -- JDS Uniphase laid...halted an expansion of Cronos Integrated Microsystems...center MCNC last year. Cronos, now a subsidiary of...Cornwallis Road in Research Triangle Park, which JDS Uniphase...effort to cut costs. Cronos will keep offices ...
- JDS Uniphase to Acquire Cronos.(Brief Article)
- Newspaper article from: Micro Engineering & Nanotechnology News May 1, 2000 700+ words
...definitive agreement to acquire Cronos Integrated Microsystems, Inc. (Research Triangle Park, NC) for $750 million payable in stock. Cronos is a pioneer and leading provider...equipment in phone networks, says Cronos gives it a key piece of technology...
- JDS Uniphase Calls Cronos Takeover 'Most Important'.
- Magazine article from: Investor's Business Daily April 5, 2000 700+ words
...the closing. Data Traffic Cops The Cronos transaction is expected to close...subject to conditions, including Cronos stockholder approval, JDS said. Based in Research Triangle Park, N.C., Cronos has developed and manufactures micro...
