Acreo spins off IRnova

APRIL 3--Acreo AB is spinning off its infrared detector activity to a separate company, IRnova AB.

Apr 3rd, 2007

APRIL 3--Acreo AB (www.acreo.se) is spinning off its infrared (IR) detector activity to a separate company, IRnova AB (www.ir-nova.se). IRnova will be owned by Acreo and its employees, with Acreo as the major shareholder.

Acreo's quantum-well infrared photodetector (QWIP) activity has had a limited customer base, with most of its products going to FLIR Systems. The company's production capability was substantially increased during 2005-2006, and IRnova now can produce thousands of IR detectors per year.

"Acreo in cooperation with FLIR Systems, FMV, and VINNOVA has developed advanced nanoelectronics for nonvisible wavelengths during several years. We are encouraged by the strong interest from several new customers," said Hans Hentzell, managing director of Acreo.

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