December 23, 2004

Nanotechnology firms unite

by brian_turner

Nanotechnology firms Carbon Nanotechnologies Inc. (CNI) and C Sixty both announced that they will combined into a single company.

Both located in Texas, CNI manufactures carbon nanotubes and C sixty manufactures Buckminster Fullerenes, and companies own a number of patents across their specialities – thus focussing a lot of the carbon nanotechnology exerptise and intellectual rights into a single company.

According to Carbon nanotechnologies companies merge,

Technically, the deal is a merger, but because CNI is larger, it will function more like an acquisition, Nordan said.

Story link: Nanotechnology firms unite

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