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Aetrium Inc announces value enhancing transaction for test handler business

Tuesday, 22 Apr 2014 07:00pm EDT 

Aetrium Inc:Entered into an agreement with Boston Semi Automation LLC, a wholly owned subsidiary of Boston Semi Equipment LLC (BSE).Whereby Aetrium will transfer its Test Handler business to BSE in exchange for a future revenue royalty stream.Consideration for the transaction includes a royalty on all revenue related to the Test Handler business over the next five years. 

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0.161 +4.97%
3 Aug 2015