RIBER : Production system order in France

Production system order in France

Bezons, November 2nd 2016 - 5:45 pm - RIBER, a leading equipment manufacturer for semiconductors materials, is announcing the order of a production system from Almae Technologies.

Almae Technlogies, France, has ordered a production system to increase its manufacturing capacity for advanced photonic component. Those photonic components enable the fast increase of the traffic in the optical fiber networks sets for deploying the fiber to home, for consumer access to very high speed internet, as well as for the 4G mobile network.

Jean Louis Gentner, CEO of Almae Technlogies, a spin-off of III-V Lab, a joint laboratory between Nokia, Thales, and the CEA (Atomic Energy Agency), reports " Almae has the ambition to become a world leader in advanced photonic solutions for the high speed fiber optical networks which are at the heart of tomorrow's economy and society. Almae Technologies has developed an innovative process using gas source MBE allowing our product performance to benefit of a differentiated competitive advantage and increasing our productivity in a very challenging market. This acquisition is a very important step in the development of the industrial platform for our young company."

This order will be delivered in 2017.

About RIBER:
Riber designs and produces molecular beam epitaxy (MBE) systems as well as evaporation sources and cells for the semiconductor industry. This high-tech equipment is essential for the manufacturing of compound semiconductor materials and new materials that are used in numerous consumer applications, from new information technologies to OLED flat screens and next-generation solar cells.
Riber recorded €12.8 million in revenues for 2015, with 93 employees at the end of 2015. The company is ISO9001 certified. Riber is listed on Euronext Paris (Compartment "C") and is part of the CAC Small, CAC Mid & Small, CAC Technology and CAC T. HARD. & EQ indices. Riber is eligible for SME share-based savings schemes.

ISIN: FR0000075954 - RIB
Reuters: RIBE.PA
Bloomberg: RIB: FP
BPI France-approved innovative company

Etinne Grodard
tel: +33 1 39 96 65 00
Cyril Combe
tel: +33 1 53 65 68 68


Production system order in France

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Source: RIBER via GlobeNewswire