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Technology / AI and automation

TECHNOLOGY MODELING ASSOCIATES TO ACQUIRE PRECIM

Technology Modeling Associates Inc has executed a non-binding letter of intent today to acquire Portland Oregon-based Precim Corp for 400,000 shares of TMAI common stock. TMAI will combine Precim’s full-chip optical proximity correction software with its own Depict, photolithography simulation technology. The acquisition is expected to be completed before October.

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CBR Staff Writer

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