Tegal (TGAL) Sells NLD Patent Portfolio in $4M Deal

December 30, 2011 7:03 AM EST
Tegal Corporation (Nasdaq: TGAL) has awarded patents to multiple bidders for three of the four bid lots of Tegal’s Nanolayer Deposition (NLD) Patent Portfolio recently offered for sale for an aggregate consideration of approximately $4M. To date, approximately $3.6M has been received.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Mergers and Acquisitions