July 12, 2002 — Alcatel Optronics said the sale of its Dutch arm to the management has been completed for an undisclosed sum, according to AFX News.
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Alcatel Optronics Netherlands covers the MEMS and Planar design software that the French company bought from Scottish company Kymata in 2001.
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The MBO is backed by Greenfield Capital Partners and the new company is called C2V.