Dow Corning Acquires Holographic Assets from Aprilis, Inc.
14 Agosto 2006 - 10:00AM
PR Newswire (US)
New subsidiary, DCE Aprilis Inc., to accelerate holographic data
storage research MIDLAND, Mich., and MAYNARD, Mass., Aug. 14
/PRNewswire-FirstCall/ -- Dow Corning Corporation acquired the
assets from the holographic data storage business of Aprilis, Inc.,
of Maynard, Mass. Aprilis is a privately-held developer of
holographic data storage systems that enable enterprises to
efficiently store, manage, and access large volumes of data. Dow
Corning, which previously owned shares in Aprilis, will continue
the development and commercialization of holographic technology in
a newly formed subsidiary, DCE Aprilis Inc., based in Maynard. DCE
Aprilis will become part of Dow Corning's Business and Technology
Incubator. "Aprilis' holographic technology and media products have
exciting potential in data storage and other optical component
markets," said David Cornelius, executive director of Dow Corning's
Business and Technology Incubator. "The talented DCE Aprilis
scientists and engineers will make broad contributions to Dow
Corning's Business and Technology Incubator. The business and
technology resources near our Boston-area location will serve us
well." Dow Corning's Shane Ladwein has been appointed general
manager of DCE Aprilis. Additionally, DCE Aprilis has hired several
people formerly employed by Aprilis, Inc. including Dr. David
Waldman, chief scientist. "We will accelerate the work in data
storage as well as investigate additional markets and applications
for the technology," said Cornelius. DCE Aprilis products will
offer hundreds of gigabytes of removable capacity, which is ideal
for many archiving applications, including enterprise data
warehousing. Dow Corning (http://www.dowcorning.com/ ) provides
performance-enhancing solutions to serve the diverse needs of more
than 25,000 customers worldwide. A global leader in silicon-based
technology and innovation, offering more than 7,000 products and
services, Dow Corning is equally owned by The Dow Chemical Company
(NYSE:DOW) and Corning Incorporated (NYSE:GLW). More than half of
Dow Corning's sales are outside the United States. Aprilis, Inc.
(http://www.aprilisinc.com/ ) based in Maynard, Mass., is a
developer of holographic media and data storage systems for the
optical storage industry. The company was founded on the vision of
creating best-in- class storage devices based upon proprietary
holographic data storage technologies. Aprilis' products, including
its media, are designed to provide the highest value of combined
capacity, performance, and reliability. Aprilis holographic
technology solutions are ideal for near-line access to vast amounts
of data, including image databases, multimedia applications and
data warehousing. DATASOURCE: Dow Corning Corporation CONTACT:
Jarrod Erpelding, +1-989-496-1582, , or Don Piering,
+1-989-496-8972, , both of Dow Corning Corporation Web site:
http://www.dowcorning.com/ http://www.aprilisinc.com/
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