Flexible Electronics News

Applied Ventures Invests in Oncoscope, Inc., Passport Systems Inc.

Add strategic investments in advanced imaging technology companies

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc., announced that it has completed strategic investments in two advanced imaging detection companies: Oncoscope, Inc., a medical optical imaging technology company, and Passport Systems Inc., a provider of advanced cargo scanning systems to identify dangerous and contraband materials. These investments will be used by the companies to further product development and will also provide Applied Ventures with exposure to cut...

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