“One of Activate’s senior partners was part of our journey from day one through our merger-of-equals which established Quantum Epitaxial and IQE plc as the world’s leading supplier of advanced wafer products and material solutions to the semiconductor industry. Our Activate partner was a valued Board member who helped us with strategic planning, arranging expansion financing, negotiating our merger, and completing our successful listing as a publicly held company. From startup to public company, we had a true partner every step of the way and would never have gone all the way without their help.” – Tom Hierl, Founder and Former CEO, Quantum Epitaxial Designs
Company Description
Advanced semiconductor wafer products.
Story
Sole investor in the first and only institutional round in 1987 when Quantum Epitaxial Designs (QED) was a start-up. QED merged with Cardiff, Wales, based Epitaxial Products International to become IQE Plc., and today generates over [$200 million in annual revenues]. It is the world leader in providing advanced semiconductor materials and has operations on a global scale.
