MEMSCAP (http://www.memscap.com; NYSE Euronext: MEMS), a leading provider of innovative MEMS based solutions, has retained Microtech Ventures as its M&A advisor to assist with finding an acquirer for MEMSCAP’s MEMS fabrication facility in North Carolina. This potential transaction is part of MEMSCAP’s previously announced fab-lite plan, and the company’s recent announcement that it has initiated the restructuring phase of its US operations. MEMSCAP’s products and solutions include components, component designs (IP), manufacturing, and related services. As part of the progress of MEMSCAP’s fab-lite plan, the company is considering several options, including the possibility of the sale of its US industrial operations.
