Seattle, Wash., August 12, 2009 – ATREG, a division of Colliers International, announced their formal appointment as advisor to IDT® (Integrated Device Technology, Inc.; NASDAQ: IDTI) in the sale of IDT’s operational 200mm semiconductor manufacturing facility in Hillsboro, Ore. The offering includes SMIF process tools and a potential wafer supply agreement.
The flexible Hillsboro campus, located in close proximity to the Portland-Hillsboro Airport, includes a 50,000 square foot class 1 cleanroom that manufactures 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, potentially doubling production capacity.
“ATREG will focus on finding an operational purchaser for the IDT facility and its assets,” stated Doug Barrett, senior vice president and director of ATREG. “A supply agreement with IDT, in-house failure analysis, and test labs are components included in the offering and together with it ssize and location create a unique opportunity for a purchaser.”
“The well-trained, highly motivated workforce provides potential acquirers with a significant head-start to quickly and easily bring new products and processes online,” added Mike Hunter, vice president of worldwide manufacturing for IDT. “The fab currently utilizes 0.35 through 0.13 micron process technologies that are efficient, stable, and portable to new products.”
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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.