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Intermolecular, Russian Nanocenter sign joint development agreement

Intermolecular and RUSNANO, the Fund for Infrastructure and Educational Programs, announced the signing of a joint development agreement between Intermolecular and Ulnanotech, the leading Russian Federation nanocenter based in Ulyanovsk. Ulnanotech will leverage leading-edge development platforms purchased from Intermolecular to accelerate research and development efforts around glass coatings, advanced power electronics, photovoltaics and displays. In addition to providing advanced development platforms to Ulnanotech, Silicon Valley-based Intermolecular will assist the company in developing and executing new business opportunities and programs. Intermolecular will share in potential future profits from service and licensing revenue associated with those activities.