The US Bankruptcy Court gave an order approving the sale of the certain assets of TranSwitch Corp. on February 4, 2014. The trustee has been authorized to sell rights to produce and sell the debtor's telecom products known as Ether Map3 and TEMX28 to Technology Resources, Inc. Technology Resources, Inc. will pay TranSwitch an amount equal to 22% of the gross proceeds received in payment for products sold.