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Article: Asyst Enters into Multiple Asset Purchase Agreements as Company Nears Chapter 11 Restructuring Completion.
- Article from:
- Electronics Business Journal
- Article date:
- August 19, 2009
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Asyst Technologies, Inc., a leading provider of semiconductor manufacturing productivity solutions, announced it has entered into asset purchase agreements to sell its three business operations as it completes its restructuring plan. Crossing Automation has agreed to acquire Asyst's Fab Automation assets with The PEER Group agreeing to acquire Asyst's Connectivity Software assets. Murata Machinery Ltd. has agreed to acquire Asyst's AMHS-related U.S. assets.
Each of the three pending transactions compliments the core capabilities of the respective purchaser and taken together they maximize the value of Asyst's assets and intellectual property for the Company's ...