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Material Sciences divests EMD.


Material Sciences, Elk Grove Village Elk Grove Village, village (1990 pop. 33,429), Cook and Du Page counties, NE Ill., a suburb of Chicago; inc. 1956. With a population of c.100 at the time of its establishment on open farmland, the village has grown dramatically and steadily, largely because of its , IL, has announced the sale of "substantially all of its assets" of its EMD EMD Electromechanical dissociation, see there  business to TouchSensor Technologies, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. EMD focused on field-effect technology for sensors, switches, and interface solutions. Material Sciences decided to divest To deprive or take away.

Divest is usually used in reference to the relinquishment of authority, power, property, or title. If, for example, an individual is disinherited, he or she is divested of the right to inherit money.
 of the business due to it not being a strategic fit with the company's primary coated and laminated material-based products. Material Sciences had a license agreement with TouchSensor as part of the EMD business. The transaction includes the release of Material Sciences from the agreement.
COPYRIGHT 2005 Federation of Societies for Coatings Technology
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business & Industry
Publication:JCT CoatingsTech
Geographic Code:1USA
Date:Aug 1, 2005
Words:85
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