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1:03 PM MDT | August 8, 2007 | Michelle Bryner

The nanotechnology industry has begun to consolidate as offerings mature, volumes rise, and prices fall, prompting some startups to exit the market or put themselves on the block, says market research firm Lux Research (New York). Many chemical companies have made some investments in the industry and cite its potential as an emerging technology. However, only a few have made outright acquisitions, preferring to “wait out” the hype that has surrounded nanotech for the last two decades, Lux Research says. The global market for nanomaterials will climb...

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