According to a Dec. 8, 2010 news item on Azonano,

Versatilis LLC, a high technology development Company based here, announced today that it has acquired the technology assets of Nanometrix, Inc. of Montreal, Canada.

The acquisition included all of the intellectual property and the associated inventory, production and laboratory equipment owned by Nanometrix. Price and terms were not disclosed. Versatilis intends to combine the acquired technology with several of its own developing technology and to immediately relaunch the business, eventually spinning off a separate subsidiary under a new name. The business will provide a novel engineered system solution for emerging nanotechnology applications that can enable next generation products based on so-called “Macroelectronics” or large area, flexible electronics. These include novel solar cells and solid state lighting panels in large area, flexible forms.

It seems like a typical Canadian success story, grow the company until its viable and then sell it ASAP to a foreign company. (sarcasm intended)

If you’re interested, here the company’s website is here.