Adisyn (ASX:AI1)’s Post

We're pleased to announce that following our previous update on 23 October 2024, we have entered into a binding Share Purchase Agreement (SPA) to acquire 100% of the issued share capital of 2D Generation Ltd. Acquisition to capture enormous opportunities with 2D Generation’s semiconductor technology and the Connecting Chips European Union Joint Undertaking, which includes partners NVIDIA, Valeo, and Applied Materials. Announcement Highlights: • Adisyn has entered into a binding agreement to acquire 100% of semiconductor IP business, 2D Generation • Adisyn will leverage 2D Generation’s innovative semiconductor solution to generate opportunities in AI1’s target markets including defence applications, data centres and cybersecurity • 2D Generation’s semiconductor IP is a critical advancement in semiconductor technology that will enable the next generation of generative AI and semiconductor solutions for data centres and beyond • The semiconductor market is thriving as the data and computing power required for generative AI continues to grow exponentially – with the acquisition of 2D Generation, Adisyn will be well positioned to benefit from this significant technological opportunity • 2D Generation is a partner in the EU's Connecting Chips Joint Undertaking with research and innovation partners including NVIDIA, IMEC, Valeo, Applied Minerals, NXP, and Unity • Completion of the previously announced $3m (before costs) capital raise View the full announcement here: https://lnkd.in/g3KkzT7C #AI1 #adisynltd #2DG #2DGeneration

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Josh Phillips

Helping organisations adopt AI

1mo

Congratulations, huge and impressive work!

Mark Leonhardt

CIO | Head of Technology |Corporate Strategist | Board Member| Digital Transformation |Operational Excellence

1mo

Congrats!

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