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BRIEF-Ats Announces Acquisition Of Intellectual Property Assets Of Transformix

Published 2018-12-06, 07:03 a/m
Updated 2018-12-06, 07:10 a/m
BRIEF-Ats Announces Acquisition Of Intellectual Property Assets Of Transformix

ATS Automation Tooling Systems Inc ATA.TO :

* ATS ANNOUNCES ACQUISITION OF INTELLECTUAL PROPERTY ASSETS OF TRANSFORMIX

* ATS - TOTAL CONSIDERATION INCLUDED $10 MILLION PAID UPON CLOSE FROM COMPANY'S CASH HOLDINGS AND A FUTURE COMMISSION STRUCTURE DESIGNED TO ALIGN INTERESTS

* ATS AUTOMATION TOOLING SYSTEMS INC - ACQUISITION IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON COMPANY'S NEAR-TERM FINANCIAL PERFORMANCE

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