Angstrom Technologies Corp. (AGMS.OB) Announces the Signing of a Definitive Agreement
Angstrom Technologies Corp. announced this afternoon that it has signed a definitive agreement that outlines the merger of its wholly owned subsidiary, Angstrom Acquisition Corp., with Angstrom Microsystems Inc. (AMI). Once the merger is completed, Angstrom Technologies Corp. plans to change its name to Angstrom Microsystems Corp. in order to accurately reflect its new business direction. Angstrom Microsystems is a green computing solutions company that is focused on providing blade servers and workstations specifically designed for the energy-demanding datacenter sector. The company also provides software that dramatically reduces the number of machines required to complete a given task. By combining…