Hmm
Two opposing ideas:
first: Well, that is not a good sign. I fear they had to take additional money to get this CMOS up and working.
Not good for them as they always have been proud to be financed by the staff....VC´s are of course no nice people. they want to earn.
You are the ones whose blood they want to suck and that mostly fast.
second : of course they are right, either grow or close it. For a CMOS business they have to get up volume.
To even launch a new body to support this, it will need a significant investment. That could be raised by this if the capital was raised.
If earnings are big enough everybody will be happy.
.....
(it was not explicitely said they raised capital - only they bought the shares). as long as we don´t know what this really means in terms of capitalization
the information could be bad, good or neutral. All else is pure speculation.
I wish them well, I hope it works and will keep this industry alive and kicking. we really need a healthy Phase One, as this is right now one of the columns
several other smaller operations in this industry rely on (myself included).
Greetings from Germany
Stefan