I do not think, that in the moment there is a connection between IQE and POET. First of all the GaAs platform is dead until they find a strategic partner (still hopeing for the Indian tender). Second, if they are looking for a wafer supplier, they will do so in Singapore or India. Yes, IQE is also in Singapore, but I think the raised money is for their UK business. About POET UK business, probably they are just referring to Bill Ring continuing his research - see those old plans http://optics.org/news/6/6/56