Volcano Corp. (NSDQ:VOLC) won’t be putting down roots in Massachusetts after all, having cancelled a $7.5 million bid for a building in Billerica.
The building, at 1 Fortune Drive, is still home to San Diego, Calif.-based Volcano’s subsidiary Axsun Technologies Inc, which develops micro-electro-mechanical optical engines for medical imaging and telecommunications.
The $250,000 deposit Volcano put down on the 65,000 square foot building has been refunded, according to SEC filings.
