Organization: iFire Technology Corp

Westaim puts iFire subsidiary up for sale

Cash-strapped Westaim Corp, Calgary, is seeking a buyer for its iFire Technology Corp subsidiary, a developer of flat panel television technology. Once sold, it will leave NUCRYST Pharmaceuticals Corp as its sole remain operating entity. Westaim lost $31.2 million on revenue of $20.7 million for the first nine months of 2007….