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Sockets Inc to Acquire T.C.FACTORY

Friday, 31 Aug 2012 05:20am EDT 

Sockets Inc announced that it has decided to acquire 3,500 shares of T.C.FACTORY, which engages in the development and provision of service, application and data base through Internet, through a private placement, as well as 420 shares of T.C.FACTORY, from a Tokyo-based investment limited partnership, effective September 10, 2012. As a result, T.C.FACTORY will become a 59.8%-owned subsidiary of the Company. 

Company Quote

-13.0 -0.84%
2:00am EDT