bubbles & beyond, a technology company focusing on customized intelligent fluids™, and the Japanese chemicals company JNC Corporation (formerly CHISSO) today announced an exclusive development collaboration on novel cleaning and stripping solutions for microelectronic devices.
Under the agreement, bubbles & beyond and JNC Corporation will jointly develop new solutions to facilitate and accelerate the complex cleaning processes for microelectronics. Within the next 18 months, both companies will identify and develop next-generation, sustainable cleaning and stripping agents suitable for the production of various microelectronics components, e.g. LCDs, OLEDs, plasma screens, motherboards, semiconductors, etc..
JNC Corporation receives an option to obtain the exclusive manufacturing and commercialization rights in Asia to any products resulting from the collaboration, while bubbles & beyond retains all product rights outside Asia. Moreover, bubbles & beyond receives alloted R&D payments during the collaboration.