JSR to Acquire Oregon Start-Up, Inpria, for $514M
Inpria Corp., a start up with origins in Oregon State University, has developed revolutionary materials used in microchips. Recently, they have announced they will be acquired by the Japanese firm JSR for $514 million.
This revolutionary material comes in the form of a first-of-its-kind inorganic photoreactive liquid which can improve the production of more powerful, cost-effective, and energy-efficient microchips used in all sorts of electronics. This inorganic, tin-oxide base is put through a photolithography process to produce the semiconductor microchips. This process involves applying a nanometer-thin layer of their light-sensitive solution to a silicon wafer, using extreme UV (EUV) light to record and replicate a stencil pattern onto the chemical coated wafer. This can then be transferred to create the circuit patterns. The short wavelengths of EUV allow for the smallest possible patterning.
The more precise the patterning materials and process, the smaller patterns manufacturers can create, which allows for production of more powerful and energy-efficient semiconductor microchips.
After their founding in 2007, Inpria drew plenty of attention and attracted investors like Intel and Samsung. These big players also believe that Inpria’s technology could be the next step in progressing the development of chips and processors.
Are you developing new software for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.
