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Product category: Memory Devices and Modules
News Release from: ID Data
Edited by the Electronicstalk Editorial Team on 27 May 2002
Smart card maker seeks more funding
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ID Data is to undertake a placing of new ordinary shares, aiming to raise up to GBP 4.1 million (net of expenses).
ID Data is to undertake a placing of new ordinary shares, aiming to raise up to GBP 4.1 million (net of expenses) The proceeds of the placing will fund growth in new business sectors, the development of the Systems Division and ChipPort, the payment of existing obligations and to permit certain strategic capital expenditure