Global Economic Downfall Gets Asyst Technologies Delisted from NASDAQ - Robotics Business Review
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Global Economic Downfall Gets Asyst Technologies Delisted from NASDAQ
Asyst Technologies officials blamed the global economic downturn for declines in sales of flat-panel displays, whose manufacturers were Asyst's largest customers.
By Kevin Fogarty


Electronics-automation manufacturing vendor Asyst Technologies was delisted from NASDAQ after declaring bankruptcy following its failure to meet debt obligations at the end of March. Company officials blamed its economic problems on the global economic downturn and drop in sales of the flat-panel displays that are a leading product for its main customers.

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