Fladgate LLP has acted for AIM listed client Toumaz Ltd (Toumaz), a pioneer in low cost, ultra low power wireless communications and broadcast technology, on the securing of investment from Imagination Technologies Group plc. The investment establishes a new subsidiary, Toumaz Microsystems. Toumaz Microsystems will be responsible for growing the company’s wireless IC business.
Corporate partner David Robinson advised Toumaz on the establishment of the subsidiary along with Amy Collins (corporate) and Eddie Powell (ITC).
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