Memscap sells North Carolina plant to Science Corporation

Memscap sold its North Carolina manufacturing plant and certain assets to Science Corporation for $3 million. The deal includes the plant lease, tools, equipment, and foundry customers, but excludes Memscap's VOA products and IP.

“MEMSCAP entered into a definitive Asset Purchase Agreement with Science Corporation... covering the sale and transfer of certain assets of its US subsidiary.”businesswire.com

• 1 source
• businesswire.comHeading For 2023: Memscap Announces the Sale of Its North Carolina Manufacturing Plant to Science Corporation & the Conclusion of a Strategic Supply Agreement for Optical Communications ProductsYann CousinetDec 7, 2022

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