LQDX, formerly known as Averatek Corp., developer of high-performance materials for advanced semiconductor manufacturing, announced that it has completed the divestiture of its Aluminum Clad Laminate IP – known as ACL™ – to Toyo Aluminium K.K., a Japan-based global market leader in specialty aluminum-based products for the consumer, electronics and automotive sectors. Under the terms of the deal, Toyo will acquire certain intellectual property to enable scale-up and distribution, with LQDX (or its affiliates) supplying the Liquid Metal Ink component.
“We are thrilled to complete this transaction with Toyo Aluminium,” said Simon McElrea, LQDX CEO. “Toyo Aluminium K.K has made a deep investment in the development of ACL™ technology, and their unique aluminum expertise enables continuing innovation and scale-up in the critical fields of advanced semiconductor packaging and fine-line IC-substrates.”
“Toyo Aluminium is committed to co-creation with leading companies in the substrate industry, which is prototyping of innovative substrates that leverage our proprietary aluminum technology,” stated Katsura Morioka, Executive Officer, Toyo Aluminium K.K. “Incorporating LQDX’s ACL™ Intellectual Property into our company’s portfolio aligns with the expansion of our manufacturing business for Japan, Asia, and the US.”
