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Re: trader53 post# 2544

Tuesday, 08/23/2011 3:37:19 AM

Tuesday, August 23, 2011 3:37:19 AM

Post# of 2842

Asyst sells assets to three companies
SAN JOSE, Calif. -- Ending perhaps the last chapter in a painful saga, Asyst Technologies Inc. has agreed to sell its entire assets to three companies: Crossing Automation Inc., Murata Machinery Ltd. and the Peer Group.
In the first deal, Asyst has sold its automated material handling systems (AMHS) line to Japanese rival Murata, according to court documents. That deal is worth $110 million, according to the Fabtech Web site.

In the second deal, Crossing Automation has entered into a definitive agreement to acquire the assets of Asyst's atmospheric technologies. The sale includes Asyst's sorter lines, EFEM (equipment front end module) and RFID products.

And finally, Asyst has sold its connectively software to the Peer Group. After the final approval of these deals, this essentially means that fab-automation pioneer Asyst will no longer exist.

http://www.eetimes.com/electronics-news/4084073/Asyst-sells-assets-to-three-companies

Definitive, Licensing, and Joint Venture AgreementsDoing the Definitive Agreement - Templates, Tools, and Guides
The definitive agreement is the contract that governs the terms and conditions that binds the parties in a merger, acquisition, divestiture, joint venture, or strategic alliance transaction where one company combine its business with one or more other companies through a sale of the company or a sharing of resources. Sample agreements are shown below.

http://www.jvmergerhelper.com/Definitive_Agreement.htm

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