Cary, North Carolina, April 2, 2009 – Qimonda North America Corp. today announced the appointment of advisors to assist in the sale of their semiconductor manufacturing assets in Sandston, Virginia subject to bankruptcy court approval. The advisory team is comprised of ATREG, a division of Colliers International, Emerald Technology Valuations LLC, and Gordon Brothers Commercial & Industrial.
The advisory team is initiating discussions with potential buyers who may consider operating the 300mm fab which has an output of 38,000 wafer starts per month and is 65nm capable. If a strategic buyer is not found, the advisory team will move quickly to a complete 300mm tool line sale and sale of the cleanroom manufacturing facilities in separate transactions.
“This is the first time an operational 300mm fab has come to the market for sale,” said Stephen Rothrock, managing director of ATREG. “The fully automated, state-of-the-art Qimonda Richmond site began 300mm production in 2005.”
Qimonda requests that all inquires are directed to Stephen Rothrock or Doug Barrett of ATREG at +1.206.268.7800.
Qimonda North America Corp. and Qimonda Richmond L.L.C. each filed for creditor protection under Chapter 11 of the Bankruptcy Code on February 20, 2009.
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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.