Eutectix Licenses Materion’s Bulk Metallic Glass Portfolio
The agreement grants to Eutectix a license to the entire Materion bulk metallic glass patent portfolio and to any and all patents arising therefrom.
Materion Corp. recently announced that it has entered into an intellectual property licensing agreement with New Jersey-based Eutectix LLC. The agreement grants to Eutectix, a manufacturer of specialty alloys and master alloys, a license to the entire Materion bulk metallic glass patent portfolio and to any and all patents arising therefrom, which license is exclusive for the first five years.
“Our agreement with Eutectix presents a unique opportunity to increase market penetration of this exciting value-creating technology,” said Clive Grannum, president of Materion Performance Alloys and Composites.
“We are very excited to move forward with this agreement,” said John de Neufville, Eutectix CEO. “Customers can expect the same reliable quality and service that they have come to know when working with Materion.”
The enhanced business relationship will begin immediately. As part of this change, Jason Clune, Materion’s manager of Application & Business Development, and Nick Hutchinson, senior engineer, will transition into new roles with Eutectix.