DSM invests in nanotechnology company NanoHoldings, LLC
(Thomson Reuters ONE) -
Royal DSM, the global Life Sciences and Materials Sciences company in The
Netherlands, has made an investment in NanoHoldings LLC, a company that
specializes in breakthrough nanotechnology discoveries in the field of energy.
Financial details of the investment will not be disclosed.
NanoHoldings, LLC, based in Rowayton(Connecticut, United States), finds,
nurtures and commercializes breakthrough Materials Science discoveries through
partnerships with world-class universities and their leading scientists.
Nanomaterials have very interesting intrinsic mechanical as well as electrical
and thermal properties that can be leveraged in a broad range of applications.
DSM Venturing invests in start-up companies with a focus on emerging
technologies, developments and activities that are strategically important to
DSM. Venture capital investing in early stage companies is an integral part of
DSM's innovation approach. DSM Venturing is focused on teaming up with
innovative players all over the world in order to support DSM's innovation and
growth strategy.
"DSM has a strong interest in nanotechnology as an important enabler in
Materials Sciences and is already working on new developments that make use of
this technology." says Marcel Wubbolts, Chief Technology Officer at DSM.
"NanoHoldings' unique business provides us with additional open innovation
potential in nanotechnology enabling DSM to develop new business opportunities."
Innovations that show promise could be further developed outside of NanoHoldings
and eventually co-financed through DSM Venturing or possibly acquired by DSM.
NanoHoldings' network of universities and scientists, most of them with physics
backgrounds and oriented towards applications, is complimentary to DSM's own
chemistry-heavy network.
"We are really excited to have DSM join us as an investor. Our shared vision of
a better tomorrow through development of innovative new materials brought us
together," says Justin Hall-Tipping, CEO of NanoHoldings. "DSM's long history of
new materials innovation makes them the perfect partner for NanoHoldings. We
look forward to being able to leverage DSM's wealth of R&D expertise and
experience."
NanoHoldings, LLC
NanoHoldings, LLC specializes in finding, nurturing and commercializing
breakthrough Materials Science discoveries through partnerships with world-class
universities and their leading scientists. The company's strategy involves
investing at the earliest possible stage of development in new materials that
will radically change the paradigm of energy generation, storage, conservation
and consumption. NanoHoldings funds the development of world improving
technologies and also has a solid business model for bringing products to market
that will balance sustainability with profitability. Increasing concerns over
global warming, together with the continuing rise in energy prices, are likely
to create a situation in the next three to five years in which NanoHoldings'
diversified nano-energy portfolio will prove to be exceptionally valuable. More
information can be found atwww.Nanoholdings.com
DSM - Bright Science. Brighter Living.(TM)
Royal DSM N.V. is a global science-based company active in health, nutrition and
materials. By connecting its unique competences in Life Sciences and Materials
Sciences DSM is driving economic prosperity, environmental progress and social
advances to create sustainable value for all stakeholders. DSM delivers
innovative solutions that nourish, protect and improve performance in global
markets such as food and dietary supplements, personal care, feed,
pharmaceuticals, medical devices, automotive, paints, electrical and
electronics, life protection, alternative energy and bio-based materials. DSM's
22,000 employees deliver annual net sales of about ?9 billion. The company is
listed on NYSE Euronext. More information can be found atwww.dsm.com
For more information:
DSM Corporate Communications DSM Investor Relations
Herman Betten Hans Vossen
tel.: +31 (0) 45 5782017 tel.: +31 (0) 45 5782864
fax: +31 (0) 45 5740680 fax: +31 (0) 10 4590275
e-mail:media.relations(at)dsm.com e-mail:investor.relations(at)dsm.com
Press release-pdf:
http://hugin.info/130663/R/1572351/489236.pdf
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originality of the information contained therein.
Source: DSM N.V. via Thomson Reuters ONE
[HUG#1572351]
Unternehmensinformation / Kurzprofil:
Datum: 20.12.2011 - 08:15 Uhr
Sprache: Deutsch
News-ID 98589
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