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Millions of dollars of debt finally settled through partnership with Apple

Liquidmetal Technologies recently signed with software giant Apple, a licensing deal, worth $11 million. This would allow the California based Liquidmetal Technologies to clear out what was an estimated $11 million worth of debts.

The transactions were recently revealed through Liquidmetal’s 8-K periodical filing of accounts to U.S. Securities and Exchange Commission. It is unclear what Apple's plans with its newly acquired rights to Liquidmetal’s patents and nothing to this effect has been stated officially , but if speculation is to be believed then the word in the market is that Apple intends to apply any new developments to redesign and develop the structure for its new unlocked  iPhone4,  iPad and iPod. Thus it wouldn’t be too surprising if Apple now shells out a slimmer and more compact designs for all its products which should eradicate a rather common complaint related to its iPad that the tablet is built too heavily. Apple may even consider using the patented alloy technology from Liquidmetal to upgrade its Mac construction as well however there is nothing to suggest that it may be a practical move from Apple to do so considering that there are hardly any complaints about the Mac construction. Although a complete and radical revamp of the Mac products cannot be ruled out in which case the electronics market will be set abuzz soon.

Coming back to the deal itself, the deal still affords the alloy company the freedom to license the products it comes up with to any customers it wishes to for any use related to non consumer electrical use or electronics. The deal seems to have been a rather advantageous one for Apple and opens up a wide range of possibilities when it comes to designs for its products but in all practicality its Liquidmetal Technologies that has 11 million reasons to smile away to the bank!

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