CML has entered a definitive agreement with Swissbit, a specialist producer of industrial-grade data-storage and embedded IoT solutions to divest Hyperstone for US$49m in cash. The transaction is expected to close during the early part of 2021, subject to regulatory approvals and customary closing conditions.
10 Dec 2020
SP Angel Spec Sits: A Move to Focus on Communications (CML LN)
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
SP Angel Spec Sits: A Move to Focus on Communications (CML LN)
CML Microsystems Plc (CML:LON) | 310 0 0.0% | Mkt Cap: 50.0m
- Published:
10 Dec 2020 -
Author:
Tania Maciver -
Pages:
2
CML has entered a definitive agreement with Swissbit, a specialist producer of industrial-grade data-storage and embedded IoT solutions to divest Hyperstone for US$49m in cash. The transaction is expected to close during the early part of 2021, subject to regulatory approvals and customary closing conditions.