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Sale of Mainframe Technology
3 Months Ended
Mar. 31, 2012
Sale of Mainframe Technology [Abstract]  
Sale of Mainframe Technology

6. Sale of Mainframe Technology

On January 6, 2012, the Company sold certain assets including intellectual property and residual assets which comprised its semiconductor mainframe technology for $3.0 million in cash to Brooks Automation Inc. (“Brooks”) and recorded a gain of $2.2 million.

The following table summarizes the components of the gain (in thousands):

 

         

Cash proceeds

  $ 3,000  
   

 

 

 

Assets sold:

       

Inventories

    589  

Property, plant and equipment

    178  

Transaction and other costs

    26  
   

 

 

 

Gain on sale

  $ 2,207