2009 Press Releases
SAN JOSE, Calif., Dec 17, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Atmel(R) Corporation (Nasdaq: ATML) today announced that LFoundry GmbH has entered into an exclusivity agreement with Atmel Rousset for the purchase of Atmel's wafer fabrication operation in Rousset, France. In accordance with French law, Atmel has presented the proposed acquisition to the employee representatives of the Works Council in Rousset. The Works Council is expected to render its opinion on the proposed transaction in the( )first quarter of 2010. If Atmel receives the approval of the Works Council, Atmel will seek authorization from its Board of Directors to enter into a definitive agreement with LFoundry GmbH. Proposed terms of the transaction were not disclosed.
"We are excited by the potential combination of LFoundry and our Rousset, France wafer fab operations which establishes Europe's largest analog and mixed-signal foundry and provides a socially responsible transition plan and continuation of employment opportunities for our workers in Rousset," said Steven Laub, Atmel's President and Chief Executive Officer. "We are impressed by LFoundry's track record and look forward to a long-term partnership as Atmel plans to enter into a multi-year supply agreement with LFoundry. As previously announced, we are continuing to explore strategic alternatives for our ASIC business as part of our strategy to focus on our core, high growth, microcontroller business."
"We are very pleased and excited about the opportunity to acquire a state-of-the-art manufacturing operation that advances our technical capabilities as a leading-edge analog silicon foundry," said Michael Lehnert, LFoundry Chief Executive Officer. "This proposed acquisition positions the combined company as the largest analog and mixed-signal pure play foundry in Europe and is very strategic to our mission of rapidly growing our foundry business and providing unparalleled flexibility and support to our global customer base."
Based on the proposed terms of the sale, Atmel expects to record a non-cash impairment charge not to exceed $200 million in the fourth quarter of 2009.
SEATTLE, Nov. 9 /PRNewswire-FirstCall/ -- ATREG, the semiconductor division of Colliers International, announced their formal appointment as advisor to Freescale Semiconductor, in the sale of two of Freescale's operational 150mm semiconductor manufacturing facilities. The automotive qualified analog fab offerings are located in Toulouse, France and Sendai, Japan, and include complete process tool lines and wafer supply agreements.
The 51 acre Toulouse, France facility has an 85,000 square foot cleanroom that manufactures discrete and power management devices using high voltage, mixed signal technologies. The 22 acre Sendai, Japan facility produces Flash memory embedded microcontrollers, analog/digital embedded microcontrollers, pressure sensors and acceleration sensors in an 110,000 square foot cleanroom. Production capacities range from 40,000 to 50,000 wafers per month.
"ATREG will focus on finding an operational purchaser for the Freescale opportunities," stated Doug Barrett, senior vice president and director of ATREG. Barrett added, "A supply agreement with Freescale is included in both offerings and creates a revenue producing opportunity for purchasers."
"ATREG was selected to fully canvass the global semiconductor market for prospective buyers," said Rick McFarland, director of strategy and business operations for Freescale. "Both facilities have well-trained, highly motivated work forces providing a buyer a significant advantage to quickly and efficiently bring new products and processes on-line in cost competitive environments," McFarland stated.
Freescale requests that all inquires are directed to ATREG, attention: Stephen Rothrock or Doug Barrett 206.268.7800
SEATTLE, WA, 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, Oregon. 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 the size 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 on-line,” said 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.”
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. The fully automated, state-of-the-art Qimonda Richmond site began 300mm production in 2005,” said Stephen Rothrock, Managing Director of ATREG.
Qimonda requests that all inquires are directed to ATREG, attention: Stephen Rothrock, Doug Barrett 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.