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trader53

09/15/11 1:52 PM

#2647 RE: Kashkat #2646

It is my understanding, that it is not uncommon for a company who buys another companies assets, to use the company logo, phone number, web-site address, building, etc.

This may be the case here.

However, it may also be the case, that this web-site address is being used, not only because many of Asyst Technologies customers are being serviced by Crossing Automation, but, because a R/M is in the plan.

You will notice that the other two companies who bought assets from ASYTQ, do not use the logo, web-site address, phone number, building, IP, etc.
http://www.fabtech.org/news/_a/financial_details_disclosed_of_asyst_technologies_asset_sale/

Crossing Automation had acquired Asyst’s Fab Automation assets, while The PEER Group had acquired Asyst’s Connectivity Software assets. The major acquisition was made by Murata Machinery Ltd, which had acquired Asyst’s AMHS-related U.S. assets, including the U.S. AMHS field service and installation business.

However, financial details were disclosed at Asyst’s Chapter 11 information website. Murata paid US$115 million for the AMHS assets and a further US$5 million for the AMHS operations in the U.S.

The Peer Group acquired the ‘Software Connectivity Group’ for US$2 million and Crossing Automation purchased the robotics division for US$6.5 million.