Press release BoxID: 263303 (Micronas)
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- 79108 Freiburg
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- Susy Krucker
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Micronas-Trident transaction completed
(PresseBox) (Zurich, 2009-05-14) Micronas (SIX Swiss Exchange: MASN) successfully closed today the sale of parts of its Consumer division, as announced on April 1, 2009, to Trident Microsystems (NASDAQ: TRID). Micronas received 7,000,000 shares of Trident's common stock and warrants to acquire up to an additional 3,000,000 shares of Trident's common stock. Micronas now holds (without warrants) 10.01 percent of the share capital of Trident Microsystems.