Phoenix Technologies Sells eSupport
Milpitas-based Phoenix Technologies announced today that it has sold off its eSupport business assets, to a new firm called eSupport.com, in a deal worth $1.0M in cash plus $0.6M in licensing fees to be paid annually over the next three years. The firm--which has been shedding various business units over the past few months--said the sale is its third and "final" non-core asset divestiture. The firm said it has received a total of $20.3M in consideration for the sales of its FailSafe, HyperSpace, and eSupport units. The firm has been looking to refocus on its core BIOS business.
posted on Thursday, June 17, 2010
Related companies:
Phoenix Age
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