11:56 AM EST - MOSAID Technologies Inc. : announced that it has sold five patent families for $11.0 million U.S. to an unnamed buyer. The five patent families, which were not generating current licensing revenues, consist of U.S. patents and applications, and foreign counterparts. MOSAID will collect payment for the patents over several quarters, with the revenue being recognized as amounts become due. MOSAID Technologies Inc.
shares T.MSD are trading down $0.63 at $38.58.
