Monday, April 9, 2007

UPDATE 1-Mosaid remains open to sale, merger, new CEO says

(Reuters) - TORONTO, April 9 - Semiconductor patent licensing firm Mosaid Technologies Inc. remains open to a merger or sale of the entire company despite its recent restructuring, its new chief executive said on Monday.

Mosaid, which in February announced the sale of key parts of its automatic test equipment business to Teradyne Inc. for C$20 million in cash, is "still receptive to looking at various alternatives," CEO John Lindgren said in an interview.


Read more at Reuters.com Mergers News

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