Adisyn acquires 2D Generation, forging foothold in booming semiconductor market
Tech
Tech
Special Report: Adisyn has completed its 100% acquisition of semiconductor IP business 2D Generation (2DG) as it looks to seize opportunities in rapidly evolving semiconductor market.
Adisyn (ASX:AI1) said all securities relating to the acquisition have now been issued. The shares issued to 2DG shareholders are escrowed for at least six months, with ~80 million shares escrowed for two years.
2D Generation’s founder and CEO Arye Kohavi, who has a strong track record as an entrepreneur and innovator, will join the Adisyn board as a non-executive director.
Kohavi holds an MBA (Finance) and a BA in Economics and Accounting, both from the Hebrew University in Jerusalem.
He was the founder, president, and co-CEO of Watergen (formerly Water-Gen), which developed water-from-air and air-dehumidification technologies, acquired for a significant amount.
Kohavi was named one of the world’s 100 Leading Global Thinkers by Foreign Policy magazine.
Watergen was chosen as one of the World’s 50 Most Innovative Companies by Fast Company and celebrated as one of the “Nine Greatest Israeli Inventions of All Time” by the Israeli Ministry of Economy.
Watergen’s ‘Genny’ product was named one of TIME magazine’s 100 Best Inventions of 2019.
Adisyn said it was anticipated that Justin Thomas will step down as non-executive director upon Kohavi’s appointment.
The acquisition of 2DG is considered a major step forward for Adisyn with its IP considered an important advancement in semiconductor technology, with potential to support the next generation of generative AI and provide innovative solutions for large data centres.
2DG has developed a patented solution that allows for the deposition of graphene at sub-300°C – a breakthrough that it believes could be a game changer for the industry.
Graphene, well known for its conductivity and strength, has long been considered a future material for semiconductors.
However, integrating it into semiconductor manufacturing has been a significant challenge because graphene typically needs to be produced at high temperatures around 1,000°C, which can damage the sensitive structures of semiconductor chips.
This is where 2DG’s innovative use of Atomic Layer Deposition (ALD) is considered a breakthrough.
ALD is a highly precise fabrication technique that deposits materials one atomic layer at a time, providing exceptional control over material thickness and uniformity, making it ideal for integrating materials like graphene into semiconductor chips.
2DG has successfully developed a method to grow graphene at temperatures below 300°C, leveraging ALD to layer graphene while preserving the structural integrity of the chip.
Adisyn said it was preparing for an exciting 2025, advancing its newly acquired semiconductor technology.
The company said it would develop and refine processes using 2DG’s current ALD machine.
Adisyn will also take delivery of the latest Beneq ALD machine, set to arrive in the coming months, and work closely with leading semiconductor companies to “drive material outcomes”.
Adisyn managing director Blake Burton said the company was excited to have completed the 2DG acquisition.
“The team is eager to execute our strategy and bring 2DG’s revolutionary technology to the world,” he said.
Kohavi noted that with the acquisition complete the focus can now turn to delivering meaningful results.
“We are refining our processes with our current ALD machine while awaiting the latest Beneq ALD.”
“We’re excited about opportunities with the Connecting Chips consortium and partnerships with leading semiconductor companies.
“Our core technology has the potential to revolutionise not only chip manufacturing but other high-tech products as well.”
This article was developed in collaboration with Adisyn, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.