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Diamond Foundry Acquires Audiatec Of Germany

Diamond Foundry, based in the United States, has acquired Augsburg Diamond Technology, also known as Audiatec.

Audiatec, located in Germany, was founded in 2015 to produce diamond wafers for usage in jewellery and industrial. Audiatec use CVD (chemical vapour deposition) to make monocrystalline diamonds on discs. "Right from the start, we had a good feeling about a possible collaboration with Diamond Foundry," said Audiatec CEO Stefan Gsell. "We previously laid the groundwork for diamond synthesis over a large area with our revolutionary process. As a result, we are excited to collaborate and further develop the diamond synthesis process." Diamond Foundry is based in California and is valued at $US1.8 billion in 2021.

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