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BlueShift Technologies Secures Series B Investment from Intel Capital
Intel Capital joins Atlas Venture and North Bridge
Venture Partners in BlueShift's $12 Million Series B Financing Round
Andover, Mass., July 10, 2006 — BlueShift™
Technologies, manufacturer of the QuickLink™ wafer processing
platform with innovative linkable linear geometry, today announced
securing an investment from Intel Capital. Intel Capital joins North
Bridge Venture Partners and Atlas Venture to complete BlueShift
Technologies' Series B financing round totaling $12 million.
BlueShift's QuickLink platform has the potential to
increase semiconductor manufacturing efficiency in the current 300mm
geometry as well as in future 450mm wafer production, with inherent
adaptability to migrate from 300mm to 450mm in a cost effective
manner. "Innovative companies that bring additional flexibility
and cost improvements to semiconductor manufacturing further enable
the industry as a whole." said Dylan Steeg, Investment Manager,
Intel Capital.
"This substantial funding by major investors
reinforces our contention that BlueShift's wafer handling system
represents the future of semiconductor vacuum processing, providing
significant advantages over current fab systems," said BlueShift
president and CEO Peter van der Meulen. "The series B investment
will accelerate our product launch activities and fuel our expansion
in international markets."
About BlueShift
BlueShift Technologies, Inc. develops and markets vacuum automation
products for semiconductor manufacturing. BlueShift’s linkable QuickLink
wafer handling platform empowers semiconductor OEMs to cost-effectively
adapt existing wafer processing tools to new process requirement
while reducing equipment cost. For more information visit www.blueshifttech.com
or email marketing@blueshifttech.com.
Copyright 2006 BlueShift Technologies, Inc. BlueShift
and QuickLink are trademarks of BlueShift Technologies, Inc.
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