Corning Makes Equity Investment in Menlo Micro
Corning Inc. recently announced its equity investment in Menlo Micro.
Corning Inc. recently announced its equity investment in Menlo Micro, a newly formed company to scale and deliver a digital micro-switch technology platform that enables power handling and electrical performance. Menlo Micro’s technology reportedly will open possibilities in a variety of applications including medical, defense, mobile communications, and consumer electronics.
Corning’s precision wafers, panels, and through glass vias (TGVs) will play an important role in delivering the small-form factor, high-frequency, high-power operation and reliability of Menlo Micro’s digital micro-switch technology platform. Compared to traditional materials, such as organics or silicon, Corning’s solutions offer better thermal characteristics and electrical performance at the reliability levels. Corning’s TGV platforms reportedly will enable Menlo Micro to scale production to meet the opportunities new applications can provide.
“We’ve been developing and delivering glass innovations aimed at the challenges presented by the semiconductor industry for years and have found that the electrical, mechanical, and thermal properties of our glass solutions are enabling next-generation technologies,” said David Velasquez, business director for Corning Precision Glass Solutions. “We are excited about the combination of Menlo Micro’s expertise in MEMS-based solutions and Corning’s ability to deliver highly scalable, small-form factor materials, which can enable this significant innovation for Menlo Micro’s customers in this fast-growing industry.”
As a result of the investment, Corning has a minority ownership position in Menlo Micro and observer rights to Menlo Micro’s board of directors. The company, led by Russ Garcia, CEO, is headquartered in Irvine, Calif. Menlo Micro is also backed by G.E. Ventures, Microsemi, and Palladian Capital Group.
For more information, visit www.corning.com.