There seems to be a lot of churn maybe as a result of many nanotechnology companies having difficulty answering the question often posed by the Queen (of England). When she has to make polite small talk while being introduced to a long line of complete strangers, she simply repeats and what do you do?
Seriously though, companies like Nanovance do provide much needed experience from semiconductor industry veterans, who are specialists at getting advanced manufacturing processes to the stage where they are scaleable, with an economic yield, and addressing all those tedious (to nanotechnologists at least) questions of packaging, testing, integration and marketing.