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Weebit Nano to advance semiconductor memory tech commercialisation with $45m placement goal

Advanced semiconductor memory technology Weebit Nano has launched a fully underwritten institutional placement to raise approximately $45 million in a bid to accelerate the development and commercialisation of the company’s advanced ReRAM semiconductor memory technology.
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APS Industrial expands regional footprint with Control Technologies acquisition

APS Industrial (APS) is expanding its regional presence through the acquisition of Albury-based Control Technologies, a move the industrial products supplier said will strengthen its local service capability and support further investment in warehousing, stockholding and technical support.