FTC Technologies buys controlling stake in Micralyne
Micralyne Inc has been acquired by Canadian private equity investor FTC Technologies. FTC has bought 98 percent of the company for an undisclosed sum and plans to acquire the remaining interest. Based in Edmonton, Micralyne is a provider of development and manufacturing services for micro-electro mechanical systems and micro fabrication to several industries. It said the partnership with FTC will help the company grow and expand market share in its sector. Micralyne was founded in 1982 and went private in 1998.
28 January 2015•2 mins read
