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Australian co Adisyn buys Israeli chip co 2D Generation

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Adisyn, whose shares are traded on the Australian Securities Exchange (ASX), has announced the completion of the acquisition of 100% of the shares of Israeli semiconductor company 2D Generation (2DG). 2DG was founded by CEO Ari Kohavi, an Israeli entrepreneur who previously founded Water-Gen, which developed technology to produce water from air.

Adisyn is a public company traded on the Australian ASX, which focuses on advanced technology in artificial intelligence and semiconductors. The company operates in the rapidly evolving market for advanced technology solutions, focusing on innovative applications in generative artificial intelligence and large data centers. Adisyn is trading with a market value of 50 million Australian dollars, after its share price jumped by hundreds of percent, following the announcement of the merger deal.

2D Generation is a semiconductor company that has developed advanced technology for producing graphene at relatively low temperatures and is focused on innovative applications for improving the performance of chips and other electronic systems. This technology provides a solution to one of the biggest challenges in the semiconductor industry, which is integrating graphene into chip manufacturing without compromising its structural integrity.

In its submission to the ASX, Adisyn said all securities relating to the acquisition had already been issued. The deal will be implemented after raising 3 million Australian dollars, allocated to purchase new equipment and finance ongoing operations. In exchange for the shares, 2DG shareholders will be issued shares representing 50-66% in Adisyn.

2DG was represented in the transaction by Adv. Ran Cohen of Amit, Pollack, farmer (APM), along with the lawyer. CPA Racheli Guz-Lavi, who handled the shareholder tax ruling.

As part of the acquisition, Kohavi will join Adisyn’s board of directors. Kohavi is best known for founding Water-Gen, which developed technologies to produce water from air and gained international fame. The company was selected by the Israeli Ministry of Economy and Industry as one of the nine most prominent inventions and technologies in Israel since the establishment of the state, and one of the company’s products was selected by TIME magazine as one of the 100 best inventions of 2019. .

Breakthrough technology and a unique opportunity

The acquisition of 2DG is a big step for Adisyn, with innovative semiconductor technology and the potential to support the next generation of generative AI and provide innovative solutions for large data centers. 2DG technology is based on graphene deposition at temperatures below 300 degrees Celsius, and could be a game-changer for the industry. Graphene is known as a material with high conductivity and great durability, but until now it has been difficult to incorporate into chip manufacturing processes due to the need for high temperatures that can damage the chip’s structure. Graphene is considered the material of the future in the field of semiconductors, and this technology could make it more applicable in industry.

The innovative 2DG solution, based on atomic layer production technology using an atomic layer deposition (ALD) device, allows graphene to be deposited at low temperatures while maintaining the integrity of the chip. ALD technology provides precise control over material thickness and uniformity, and is ideal for incorporating graphene into advanced chip manufacturing processes.

Getting ready for 2025

Adisyn announced that it is preparing for 2025 with major advances in its newly acquired semiconductor technology. The company plans to develop and improve processes with its existing 2DG ALD, and expects to acquire a new ALD from Beneq in the coming months. Adisyn will work collaboratively with leading semiconductor companies to achieve significant results.

“Our team is excited to execute on the strategy and bring our revolutionary 2DG technology to the world,” said Blake Burton, Managing Director of Adisyn.

Kohavi added: “We are improving our processes with our existing ALD device and at the same time look forward to receiving the new equipment. We are excited about the possibilities open to us with the Connecting Chips Consortium and partnerships with leading semiconductor companies. The underlying technology has the potential to revolutionize not only “In chip manufacturing but also in other high-tech products.”

Published by Globes, Israel Business News – en.globes.co.il – on January 14, 2025.

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