Provider: Wright Reports
COREwafer Industries Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Core Wafer Systems Finalizes Settlement With Sandia Technologies And Updates On Merger Into COREwafer Industries, Inc.
COREwafer Industries Inc announced that the acquisition of Core Wafer Systems, will soon be completed. Core Wafer Systems has reached a settlement agreement related to the intellectual property lawsuit with Sandia Technologies. Although Core Wafer Systems believes that it would have ultimately prevailed in the lawsuit, the Company has chosen to settle and not continue the litigation. This settlement puts to rest the ownership issues of the intellectual property arising from Core Wafer's purchase agreement of Sandia Technologies and gives Core Wafer Systems complete transfer of Sandia Technologies rights and ownership of all intellectual property in question. COREwafer Industries can now move quickly ahead with the filing of paperwork with state and regulatory bodies regarding its acquisition of Core Wafer Systems that were previously on hold, pending this settlement.
Latest Developments for Corewafer Industries Inc
- COREwafer Industries Inc Paperwork Delivered For Merger With Core Wafer Systems, Inc.
- Action Products International, Inc. Announces Appointment Of Lt. General Thomas P. Stafford USAF (Ret.) NASA Astronaut (Former) As Chairman
- Action Products International, Inc. Announces Acquisition Of Core Wafer Systems, Inc.
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