Seattle, USA, May 6, 2013 – ATREG, Inc., a global advisory firm to the semiconductor industry headquartered in Seattle, USA, announced today that it has successfully advised Micron Technology, Inc. (Nasdaq:MU) in the sale of its semiconductor manufacturing subsidiary whose primary asset consists of an advanced 200mm CMOS image sensor fab based in Avezzano, Italy. The facility was purchased by LFoundry, a leading German analog mixed-signal and specialized technologies foundry. As part of the agreement, Micron assigned the buyer its supply agreement with Aptina to manufacture image sensors at the Italian facility.
“This transaction is a win-win situation,” explains Barnett Silver, senior vice president and principal at ATREG. “Aptina secures a long-term wafer supply while LFoundry gains access to an advanced, 200mm manufacturing operation. We are pleased to have been a part in facilitating such a successful outcome.”
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About ATREG, Inc.
ATREG, Inc. is a trusted advisor to the global semiconductor industry and related verticals – sectors that are subject to volatility, major capital investments, rapidly evolving technologies, fierce competition, and consolidation. Since its inception in 2000, ATREG has provided some of the world’s largest and most reputable technology companies with objective market analysis, strategic advice, and transaction execution expertise for the merger, disposition, and acquisition of business units and operational assets. ATREG tailors a wide range of advisory services to the specific needs of its clients. For more information, please visit us online at www.atreg.com.
About Aptina
Aptina is a global provider of CMOS imaging solutions that enable Imaging Everywhere™. Using performance-enhancing technologies, Aptina has created a market-leading portfolio of image sensor products found in the world’s leading consumer electronics. For additional information on Aptina, please visit www.aptina.com.