Press Releases

ATREG Successfully Advises IDT on 200mm U.S. Fab Sale

Former IDT Hillsboro fab

Hillsboro, Oregon facility sold to Alpha and Omega Semiconductor Limited (AOS); Transaction completes IDT’s transition to fabless semiconductor company

Seattle, Wash., February 15, 2012 – ATREG (Advanced Technology Resource Group), a Seattle-based advisory firm to the global semiconductor industry, announced today that it has successfully advised Integrated Device Technology, Inc. (IDT) (NASDAQ: IDTI) in the sale of its operational 200mm semiconductor manufacturing facility based in Hillsboro, Oregon. Alpha and Omega Semiconductor Limited (AOS) (NASDAQ: AOSL), a designer, developer, and global supplier of power semiconductors based in Sunnyvale, Calif., purchased the wafer fab and related assets, completing IDT’s transition from a fab-lite to a fabless business model.

The flexible campus, located close to the Portland-Hillsboro airport, includes a 50,000 square foot class-one cleanroom in which IDT manufactured standard logic, PLL, network ICs, SRAM, and multiport semiconductor products. The 25-acre, 245,000 square foot facility can be expanded to accommodate future growth.

“A fabless model will enable us to focus our resources and investments on innovative new product development, while outsourcing manufacturing to industry leading foundry partners,” explains Mike Hunter, vice president of worldwide manufacturing at IDT. “The sale of our fab to Alpha and Omega Semiconductor represented a win-win for IDT, AOS, and our Oregon employees. ATREG brought a well-defined process to assist us in this transaction.”

“A fabless company buying a fab is a new and innovative approach,” adds Barnett Silver, senior vice president and principal at ATREG. “We may see more of these kinds of transactions in future as other semiconductor companies rethink their manufacturing approach and follow in AOS’ footsteps.”

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About ATREG, Inc.
Based in Seattle, WA, ATREG is a global advisory firm to the semiconductor industry. The company provides some of the world’s largest and most reputable companies with objective market analysis, strategic advice, and transaction execution expertise for the disposition and acquisition of operational assets. With its extensive market knowledge, key industry relationships, and proven track record, ATREG has advised clients in transactions representing a combined market value of over $5 billion over the past 10 years. For more information, please visit us online at