Entries by Anna Byatt

Acuity advises CML on the sale of Hyperstone to Swissbit

CML Microsystems Plc (“CML”) has entered into a definitive agreement to divest its storage division, Hyperstone, to Swissbit Holding AG (“Swissbit”), a specialist producer of industrial-grade data storage and embedded IoT solutions, for $49 million in cash (the “Disposal”).