Banner
News

Omax announces settlement of patent litigation, cessation of proposed merger with Flow

May 2009 - Omax Corp. settled an outstanding patent litigation with Flow International Corp. and announced the cessation of merger negotiations with the company. In consideration for Flow's termination of the merger and the patent settlement, Omax will receive $25 million in cash and $10 million in notes maturing in four years. A cross-licensing agreement has been reached for the patents involved in the litigation.

Company Profiles

COIL PROCESSING SAWING

Alcos Machinery

Behringer Saws Inc.

Butech Bliss

Hydmech

IMS Systems Inc.

 

Red Bud Industries Inc.

 

Tishken

 

LATEST ISSUE  
MM Cover 0516 digital

vert-current-linewhiteMay 2016

Racing form

Magnesium has had applications at Porsche for more than half a century.

> READ THIS
MONTH'S ISSUE

Instagram - @ModernMetalsMag

Modern Metals on Twitter

Banner

TrendPublishing 6 16 mm

Instagram Icon Large twitter facebook linkedin rss

MM 0516 brandingcovers