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Arima to sell notebook and server business to Flextronics
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| 1 October 2007 |
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Arima Computer Corporationannounced the signing of a bindingLetter of Intent to sell its notebookcomputer and server related business,operation and assets to FlextronicsComputing Sales and Marketing Ltd.The transaction price is $59.5 millionover the book value of the disposedassets at closing. As of June 30, 2007,the book value of the relevant assetswas about $132 million.www.arima.com.tw |
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