2010 Press Releases
Shepherd Offshore Services Ltd. headquartered in Newcastle upon Tyne acquires facility
Seattle, WA, December 13, 2010 – ATREG (Advanced Technology Resource Group), a Seattle-based global advisory firm to the semiconductor and related advanced technology verticals, announced today that it has facilitated the successful sale of Freescale Semiconductor’s advanced technology campus located at the Halbeath Interchange in the manufacturing area of Dunfermline in Fife, Scotland. After three years on the market, the facility was acquired by Shepherd Offshore Services Ltd. headquartered in Newcastle upon Tyne. Built in 1997, the 93,000 sq. m. campus was not fully completed, and had never been occupied. ATREG, in conjunction with global commercial real estate firm Colliers International, worked hand in hand with Freescale Semiconductor to turn a challenging offering into an attractive proposition, and finalize the transaction to the client’s satisfaction.
“The sale of the Dunfermline fab is the only sizeable property transaction to have occurred in Scotland since the end of Q4 2008,” explains Doug Barrett, principal at ATREG. “The success of this project is ultimately the result of a combined global, regional and local marketing effort with Colliers International, as well as the dedication and determination of all the teams involved. We are pleased to have had the privilege to work with Freescale Semiconductor once again, and to produce the desired outcome for our client.”
Configured for a semiconductor manufacturing facility, the Dunfermline campus is suitable for solar cell, flat panel, pharmaceutical / biotechnology, data center, MEMS, and other cleanroom and critical environment industries. The building comprises a large cleanroom shell designed for 200mm wafer processing with potential to convert to 300mm wafer processing, an easily configurable office area, a central utilities building, and a water treatment plant.
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Based in Seattle, WA, ATREG is a global advisory firm to the semiconductor and related advanced technology verticals. The company provides some of the world's largest and most reputable companies with objective market analysis, strategic advice, and transaction execution expertise for the disposition and acquisition of operational assets. With its extensive market knowledge, key industry relationships, and proven track record, ATREG has advised clients in transactions representing a combined market value of over $3 billion. For more information, please visit us online at www.atreg.com.
About Freescale Semiconductor
Freescale Semiconductor is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial, and networking markets. The company, based in Austin, Texas, has design, research and development, manufacturing or sales operations in more than 27 countries. In addition to its embedded processors, Freescale offers its customers a portfolio of complementary devices that provide connectivity between products, across networks and to real-world signals, such as sound, vibration and pressure. For more information, please visit us online at www.freescale.com.
Seattle, September 14, 2010 - Colliers
International, the world's third largest commercial real estate services
organization, and ATREG (Advanced Technology Resource Group), Colliers'
advanced technology manufacturing services division, jointly announced
today that they have formed a strategic business alliance. ATREG has
spun off into its own, independent advisory firm.
Under the agreement, ATREG, as its own company, will continue to
provide semiconductor and advanced technology manufacturing clients with
a wide range of services, including selling entire businesses or
business units, process and product IP, and strategic consulting. Moving
forward, Colliers International, ATREG's former parent company, will
operate as ATREG's preferred real estate provider serving the needs of
ATREG's clients globally.
ATREG is a leader in the rapidly growing global demand for
single-source, strategic transaction advisory services in the
semiconductor and advanced technology manufacturing industry, a market
opportunity worth US$300 billion worldwide. The new business alignment
between Colliers International and ATREG positions both enterprises to
best leverage and focus on their individual, best-in-class service lines
in a unique, highly specialized market.
ATREG will now operate out of its new headquarters in Seattle,
Washington, led by Stephen Rothrock, who previously served as the ATREG
division's senior vice president and executive director. All ATREG
division employees are transferring to the company's new location.
"The ATREG division has evolved into a top-tier advisory team
completing complex transactions for some of the sector's largest, most
recognized global companies in the semiconductor space," said Dylan
Taylor, Chief Executive Officer in the U.S. for Colliers International.
"Moving forward as separate entities, Colliers International looks
forward to continuing a close, preferred working relationship with
ATREG, and accelerating our clients' success."
Colliers International established ATREG in 1998, when the division
was retained to sell its first semiconductor manufacturing facility, and
then evolved to further specialize, expand and brand within the
advanced technology industry.
"The ATREG team would like to thank Colliers International for its invaluable support over the past 12 years," adds
Rothrock. "The key to our differentiation and success has been our
unique combination of deep market knowledge and key industry
relationships. Our objective moving forward is to continue to provide
all the strategic transaction advisory services advanced technology
companies need under one roof, expand our portfolio by staying on top of
emerging market demand, and strengthen our foothold in key growing
overseas markets such as Europe and Asia. Our customers already know us
for best-in-class service, and can rely on nothing less for years to
come as an independent company."
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Based in Seattle, WA, ATREG is the only global advisory firm
providing semiconductor and advanced technology manufacturing companies
with all the strategic transaction and advisory services they need to
accelerate the success of complex asset acquisitions and dispositions.
Since its inception in 1997, ATREG has represented more than US$3
billion in transactions, including operational fabs and cleanrooms sold
for their intended purpose and as a going concern. In addition to
operational sales involving supply contracts, labor and IP, ATREG has
successfully sold advanced technology manufacturing facilities for
alternative uses. ATREG documents the global supply and demand for
semiconductor fabrication facilities and cleanrooms via an extensive
database, and helps develop, or is privy to, many companies' strategic
initiatives via key executive relationships. For more information,
please visit us online at www.atreg.com.
About Colliers International
Colliers International is a global leader in real estate services
with more than 15,000 professionals operating out of 480 offices in 61
countries. As a subsidiary of FirstService Corporation, Colliers offers
the stability of a strong financial partner and significant local
ownership providing clients with accountability and enterprising real
estate solutions. Colliers provides a full range of services to real
estate users, owners and investors worldwide including: global corporate
solutions; sales and lease brokerage; property and asset management;
project management; hotel investment sales and consulting; property
valuation and appraisal services; mortgage banking and insightful
research. The Lipsey Company and National Real Estate Investor magazine ranked Colliers International as the world's number two commercial real estate brand.
SAN JOSE, Calif., June 23 /PRNewswire-FirstCall/ -- Atmel® Corporation (Nasdaq: ATML), a leader in microcontroller and touch solutions, today announced that it has completed the previously announced sale of Atmel's wafer fabrication operation located in Rousset, France to LFoundry GmbH.
"The completion of this transaction marks a major step in converting Atmel's manufacturing operations to a fab-light business model," said Steven Laub, Atmel's President and Chief Executive Officer. "Since implementing our transformation plan, we have reduced our wafer fabrication facilities from five to one and successfully divested or shut down 14 non-core product lines as we focus the company on its core microcontroller and touch products."
This transaction was previously approved by employees of the Rousset fab and the Works Council of Atmel Rousset. As of the closing, over 750 employees employed at the Rousset fab, which manufactures Atmel's high-performance ASIC, memory and microcontroller devices, become part of LFoundry. Atmel will purchase wafers under a supply agreement from LFoundry for up to four years. During the second quarter of 2010, Atmel expects to record a loss on the sale of the Rousset fabrication operation that will not exceed $110 million.
Consistent with its strategy to focus on its high growth microcontroller and touch businesses, the company recently announced it has received a binding offer from INSIDE Contactless to acquire its Smartcard (SMS) Business, which remains on track to sign and close in the second half of 2010.
Atmel is a worldwide leader in the design and manufacture of microcontrollers, capacitive touch solutions, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel provides the electronics industry with complete system solutions focused on industrial, consumer, security, communications, computing and automotive markets. For more information, please visit www.atmel.com.
Safe Harbor for Forward-Looking Statements
Information in this release regarding Atmel's forecasts, outlook, expectations and beliefs are forward-looking statements that involve risks and uncertainties. These statements include statements about Atmel's transformation plans and exploration of strategic alternatives for its ASIC business and related manufacturing assets, including the potential transaction with INSIDE Contactless, Atmel's recording a loss from the sale of the Rousset fab, and Atmel's strategies. All forward-looking statements included in this release are based upon information available to Atmel as of the date of this release, which may change, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include general economic conditions; risk relating to the negotiation, signing and closing of a potential transaction with INSIDE Contactless, including the risk that INSIDE is unable to obtain financing commitments from its investors and that the parties may not sign definitive agreements relating to the transaction; that required approvals may not be obtained in a timely manner or at all, or that other conditions are not satisfied; the inability to realize the anticipated benefits of a potential transaction with LFoundry or INSIDE, if consummated, or of our other recent strategic transactions, restructuring plans and other initiatives in a timely manner or at all; unanticipated costs and expenses or the inability to identify expenses which can be eliminated; and other risks detailed from time to time in Atmel's SEC reports and filings, including our Form 10-K for the year ended December 31, 2009, filed on March 1, 2010, and our subsequent Form 10-Q reports.
ATREG has been appointed as Advisor for the Marketing of Qimonda Sites in Dresden, Germany
DRESDEN, Germany, June 2 /PRNewswire/ -- ATREG, a division of Colliers International, has been appointed as advisor to market the sale of the advanced 300mm manufacturing campus of Qimonda in Dresden, Germany. The highly accessible campus, located in the State of Saxony, features a state-of-the-art 300mm semiconductor fab including 281 advanced front-end semiconductor manufacturing tools, an advanced 300mm research and development fab and 360,000 square-feet of administrative space. The campus also includes excess land which could be used to construct a mirror-image of the existing 300mm fab, potentially doubling production capacity.
ATREG will focus on finding an operational purchaser for the facility. As originally constructed, the facility was capable of producing DRAM chips with a maximum volume of approximately 10,000 wafers per week. The fully automated, world-class Qimonda Dresden 300mm wafer fab was built in 2001 and was the world's first 300mm production facility. The state-of-the-art, 300mm research & development facility was built in 2005. The world-class 300mm equipment includes hundreds of advanced front-end manufacturing tools, many of which were used in volume production at 65nm. Though production has ceased, the cleanrooms remain in a production-ready state so that a potential purchaser could restart operations quickly.
"This is a unique offering of a world-class production-ready facility. A semiconductor manufacturer has the ability to rapidly restart operations and take advantage of the strongest recovery in semiconductor market history," said Stephen Rothrock, Managing Director of ATREG. "Last year's bold move of a major US semiconductor manufacturer to acquire a similar 300mm tool line in a US bankruptcy enabled them to create the world's first 300mm analog fab. The offering in Dresden provides a unique opportunity for a semiconductor company to make a bold, strategic play," Rothrock added.
Qimonda has been a global supplier of dynamic random access memories (DRAM). Since the opening of insolvency proceedings on April 1, 2009, the production of memory chips at the Dresden site has been halted.
Experts have maintained the sophisticated facility and equipment in order to protect it from damage during the sales process.
Qimonda Dresden requests that all inquires are directed to ATREG, attention: Stephen Rothrock and Doug Barrett 206.268.7800.
May 20, 2010 - Freescale Semiconductor UK Ltd has appointed Colliers International in conjunction with ATREG, the semiconductor division of Colliers International to market its former semiconductor manufacturing facility in East Kilbride, on the outskirts of Glasgow. As part of the sale, Freescale will continue their long association with the site by leasing back part of the facility to accommodate their ongoing R&D and business operations.
The 26 acre site offers potential buyers an exceptional opportunity to re-use the existing buildings or undertake a redevelopment of the site.
Developed in stages from 1972 to 1996, the site comprises a number of different buildings totalling approximately 795,000 sq ft, including former manufacturing space, cleanrooms and laboratory space, extensive office provision and other staff amenities. Various ancillary support buildings provide additional flexibility, while the site is fully secure and is served by a total of 980 car parking spaces.
As part of the sale agreement, Freescale Semiconductor UK Ltd will take a lease back of the ground and first floors (47,569 sq ft) of the 3 storey main office and amenities block known as the ESB building.
Bob Dring, Freescale’s Director of Corporate Real Estate and Risk Management commented: "Freescale has retained Colliers International and ATREG because of their extensive track record in selling facilities of this type in the UK and globally.”
Iain Davidson, Director of Colliers International, commented: “This established business location is at the heart of Scotland’s industrial hub, with excellent transport links across the UK and into Europe, by way of the M74/M8, Glasgow International Airport and the nearby Eurocentral rail freight terminal.
We therefore expect the site will interest a broad spectrum of potential purchasers from both the occupational market to developers and investors who recognise the site’s potential. At a time when funding is difficult to obtain for property development, the benefit of significant rental income from an excellent covenant such as Freescale Semiconductor UK Ltd is likely to be a real added attraction.”
About Colliers International
Colliers International is now the world’s third largest commercial real estate advisory business, employing over 15,000 professionals in 480 offices in 61 countries. Recent restructuring within Colliers International, as part of the drive to transform the company from a traditional network into an efficient and cohesive global business, means that approximately 70% of Colliers International businesses are now wholly, majority or partially owned by one company.
ATREG, the semiconductor sales division of Colliers International, is a specialized team focused on helping companies restructure advanced technology assets. Established in 1997 and co-directed by Stephen Rothrock and Doug Barrett, ATREG has represented some of the semiconductor industry's top companies in transactions totalling over US$2 billion. ATREG sells operational semiconductor fabs, wafer supply agreements, process and product IP, complete tool lines, and fab infrastructure. For more information: www.ATREG.com.
Freescale Semiconductor is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial and networking markets. The company is based in Austin, Texas, and has design, research and development, manufacturing or sales operations in more than 27 countries.
In addition to its embedded processors, the Company offers its customers a portfolio of complementary devices that provide connectivity between products, across networks and to real-world signals, such as sound, vibration and pressure. Its complementary products include sensors, radio frequency semiconductors, power management and other analog and mixed-signal integrated circuits. Through its embedded processors and complementary products it also offers customers combinations of semiconductors and software, which it refers to as platform level products. Freescale has design, research and development,
manufacturing or sales operations in more than 27 countries.
Seattle, May 8 /PRNewswire/ -- Colliers Advanced Technology Real Estate 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.
Doug Barrett, senior vice president & director of Colliers ATREG states, "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. 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 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.
SEATTLE, WA, April 7, 2010 - ATREG, a division of Colliers International, announced its formal appointment as advisor to SUMCO Phoenix Corporation (subsidiary of SUMCO Corp., Tokyo: SUMCF), in the sale of SUMCO’s operational semiconductor wafer manufacturing facility near Cincinnati, Ohio.
Currently manufacturing 125, 150 and 200mm substrate and epitaxial wafers for discrete semiconductors, the offering includes over 70,000 square feet of Class 100 through 10,000 cleanroom manufacturing space in a 200,000 square foot building. The 100-acre site can accommodate future growth and the facility has undergone recent expansion and comprehensive modernization.
“SUMCO’s Ohio plant has advanced infrastructure, including exceptional water/sewer capacity and dualsource power supply,” stated Doug Barrett, senior vice president and director of ATREG. “We will seek out alternative advanced-technology users, including solar, defense and battery manufacturers, datacenters and others that would benefit from SUMCO’s highly advanced infrastructure.”
“The well-trained, highly motivated workforce provides potential buyers with a significant head start to quickly and easily come to market,” said Mark Dobbins, senior vice president of human resources and general affairs
for SUMCO. Dobbins added, “We have utilized ATREG in previous dispositions and look forward to a successful transaction.”
ATREG will implement a global marketing campaign and will work in conjunction with the local Cincinnati office of Cassidy Turley. SUMCO requests that all inquires are directed to ATREG, attention: Doug Barrett or
Erin Conger, (206) 268.7800.