CollPlant to Acquire Photonic Computing Firm LightSolver

VERA Brief

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CollPlant Biotechnologies has agreed to acquire LightSolver, an Israeli company developing a laser-based computing architecture. This acquisition is expected to conclude this week and signals CollPlant's entry into the supercomputing and photonic computing markets.

Key facts

• CollPlant Biotechnologies has entered into an agreement to acquire LightSolver.
• LightSolver is an Israeli company developing a laser-based computing architecture.
• The acquisition is anticipated to conclude this week.
• CollPlant will acquire LightSolver through an equity-based consideration structure, including an upfront payment.
• The move signals CollPlant's entry into the supercomputing and photonic computing markets.