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17 Jun 2002
Corning Inc, of New York and IntelliSense Corp of Wilmington, MA, have entered into a joint development agreement to focus on the design, development and fabrication of optical-communications products based on MEMS (Micro-Electro-Mechanical Systems) technology.
As part of the agreement, Corning has also made an equity investment of an undisclosed sum in IntelliSense.
MEMS exploit the existing microelectronics infrastructure to create micrometer-size complex machines. The two companies believe that the integration of IntelliSense's MEMs fabrication and design experience and Corning's optical component and module design and manufacturing experience will speed up the application of MEMs technology in the communications industry.
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