MEMSCAP releases Q3 revenues

Nov. 1, 2002 — MEMSCAP S.A. (Euronext: MEMS), a MEMS provider based in Grenoble, France, announced third quarter revenues of $1.29 million, versus $0.99 million for the same period last year. The company did not release information about earnings or losses.


It also reported that shareholders approved the acquisition of the Cronos MEMS division from JDS Uniphase by a large majority, and that it has completed the financing of its new MEMS fabrication facility in Bernin, France.


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