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I&C TECHNOLOGY CO LTD Announces Amendments to Merge with XRONet Corporation

Monday, 22 Apr 2013 03:00am EDT 

I&C TECHNOLOGY CO LTD announced that it has made amendments to the merger agreement with XRONet Corporation, a Korea-based company mainly engaged in the wireless fidelity system-on-a-chip business, initially announced on April 4, 2013. After the amendments, the merger ratio of I&C TECHNOLOGY and XRONet Corporation is 1 : 0.1289718 and the merger effective date will be June 5, 2013. 

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