Investor shows up for Qimonda Portugal

Posted on Tuesday, April 07 2009 @ 17:36 CEST by Thomas De Maesschalck

Trading Markets reports Joao Paulo Tomas, a Portuguese entrepreneur, has made an undisclosed bid on the Portuguse unit of insolvent memory maker Qimonda.

Tomas plans to establish a Portuguese-German consortium for the transaction and to keep the staff in case the deal goes through.

He has presented his offer to officials of the economy ministry and will now move it to Portugal's investment and foreign trade agency AICEP for analysis.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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