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Plastic Logic is to relocate the headquarters of its electronics technology business from the US back to Cambridge.
Plastic Logic has won planning permission to build a £20m open-access plastic electronics technology centre in Sedgefield, Co Durham, by 2007, in partnership with One NorthEast.
Plastic Logic has raised a further £4.2m of private funding to expand its Cambridge-based plastic electronics technology business.
Plastic Logic has raised £6.3m of venture capital to expand its Cambridge-based microchip development business and increase the 22-strong workforce.