The board of directors for Flomerics recently announced that all discussions conserning a possible acquisition of Flomerics have been discontinued. This follows after the announcement in October 2002 that Flomerics had received a take-over bid on the company. Apparantly since then discussions have been held with several potential buyers but no progress has been made.
Further information can be found in the press-release from Flomerics:
http://www.hemscott.com/scripts/AFXnewstory.dll/text?EPIC=FLO&SerialNumber=1194&NewsType=CDP&Indate=30/01/2003&CUST=1