dash> It makes no sense to issue a release with a statement like "is anticipating a value added M&A transaction during 2015"; since when does POET release news for Alfalight?
I’m looking for external mention of any expected Alfalight M&A in 2015, thinking that the build of Mohan’s bio in today's pre-retracted NR came from some other source of copypasta.
no definitive answer (yet).
of interest, Alfalight is a tech research spin-out from UWisconsin-Madison (EE Profs. Mawst & Botez), similar to how POET and Doc Taylor has had support from UConn.
http://www.news.wisc.edu/23652
although AL is a 16-employee private company (the other 60-70 people went with the semi fab arm that was sold to Compound Photonics in 2013) …
as to 2015 activity, they picked up a small contract from Raytheon ("$1.9MM with an option to increase to $3.1MM later in 2015")
ref. http://www.andhranews.net/Business/2015/Alfalight-Receives-19M-Raytheon-Contract-Deliver-2716.htm
some other research can determine that Alfalight has has multiple rounds of funding from
<drumroll>
In-Q-Tel -- which is a shell for the CIA.
https://en.wikipedia.org/wiki/In-Q-Tel
fwiw, they also put black-budget bucks into D-Wave … and quite a few others.
https://www.iqt.org/portfolio/
