Akoustis to acquire wafer manufacturing facility in New York

Akoustis Technologies signed definitive agreements to acquire a 120,000 sq. ft. wafer manufacturing facility in Canandaigua, New York, including MEMS business with $3M annual revenue, for $2.75 million cash.

“Akoustis Technologies, Inc. announced today it has entered into binding, definitive agreements to acquire assets from the Research Foundation for the State University of New York and Fuller Road Management Corporation.”globenewswire.com

• 1 source
• globenewswire.comAkoustis Signs Definitive Agreement to Acquire 120,000 Sq.Akoustis, Inc.Mar 24, 2017

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