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A New Generation of Laser Direct Imaging


Convergence Technology Ltd. (Hong Kong) has agreed to become a first-round lead investor for Aiscent Tech (Canada)

July 01, 2010

Hong Kong - Convergence Technology Ltd. (Hong Kong) has agreed to become a first-round lead investor for Aiscent Tech (Canada), a manufacturer of maskless exposure systems and high power UV lasers. Convergence Technology is a privately-held fund management company that specializes in investing in the early round of technology development companies. Since its formation in 2009, Convergence has made a number of investments in companies located in U.S., China and Hong Kong. Dr. Ty Yoon, one of the managing partners of Convergence Tech, has remarked that this investment is "a tremendous growth opportunity for Convergence. The invested funding will aide greatly in the product research and development portion for Aiscent Tech." As part of the investment agreement, Convergence will receive a board seat from Aiscent Tech.