Seattle, Wash., May 8, 2010 – Colliers Advanced Technology Resource Group (ATREG) announced they represented Maxim Integrated Products, Inc. (Nasdaq: MXIM) in the purchase of Atmel(R) Corporation’s (Nasdaq: ATML) 200mm semiconductor manufacturing facility. The 624,000 square foot facility is located in Irving, Texas on a 39-acre campus.
“This is a significant transaction as the global market has seen only one other sale of an empty fab for its intended purpose since 2000,” explains Doug Barrett, senior vice president and director of Colliers ATREG. “It is a positive indication of the demand for viable 200mm manufacturing facilities in primary locations.”
In April 2007, Colliers ATREG represented Applied Materials, Inc. (Nasdaq: AMAT) in selling the company’s 108,000 square foot highly customized research and development (R&D) facility on four acres of land in Cheonan City, Korea. Bomyung, a Korean semiconductor manufacturer, purchased the property.
Colliers ATREG brokers Stephen Rothrock, Doug Barrett, Erin Conger, and Eric Larsen were involved in both sales. Colliers Korea brokers Jeff Oatman and Sean Kim teamed with Colliers ATREG on the Korean sale.
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A semiconductor sales division of Colliers International, ATREG specializes in helping companies restructure advanced technology assets. Co-directed by Stephen Rothrock and Doug Barrett, ATREG has represented some of the semiconductor industry’s top companies in transactions totalling over U.S.$2 billion. ATREG advises on the sale of operational semiconductor fabs, wafer supply agreements, process and product intellectual property (IP), complete tool lines, and fab infrastructure. For more information, please visit us online at www.atreg.com.