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2011 Press Releases |
FOR IMMEDIATE RELEASE
Media contact
Muriel Guilbert
425.829.3712
muriel.guilbert@atreg.com
ATREG Appoints International Advisory Board
High-profile semiconductor executives and influencers from around the world help steer company’s future growth and business direction
Seattle, WA, September 28, 2011 – ATREG (Advanced Technology Resource Group), a Seattle-based global advisory firm to the semiconductor industry, announced today that one year after becoming a successful independent entity, it has appointed an international advisory board made of five high-profile executives and influencers from North America, Europe, and Asia who have previously helped lead major global semiconductor organizations. Newly appointed advisory board members will help steer ATREG’s future growth and business direction by providing support across the full spectrum of ATREG’s business activities. ATREG is pleased to welcome to its international advisory board:
- Hideto Goto, senior advisor, ASE Japan, Inc. / management advisor, Unison Capital, Inc. (formerly managing director, NEC Semiconductors UK, and board member / executive vice president, NEC Electronics)
- Allen Lu, president, SEMI China (formerly China Fab Program Manager, Intel Technology Manufacturing and Engineering Group)
- Werner Mohr, senior advisor / consultant (formerly head of manufacturing engineering, semiconductor division, Siemens AG, and head of corporate logic, Infineon Technologies AG)
- Jack Saltich, senior semiconductor business and technology executive (formerly vice president and general manager of Advanced Micro Devices’ Dresden European Electronics Center)
- David Smukowski, CEO, Sensors in Motion (formerly managing director, Boeing Ventures)
“I am pleased about the opportunity to join ATREG in an advisory capacity,” explains Hideto Goto. “As the most trusted global advisory firm with $5 billion in sales in the past 10 years, ATREG brings the creative thinking and expertise global semiconductor companies need to explore new, innovative strategies with regards to the repurposing of their operational fab assets, so they can best capitalize on their global manufacturing investments.”
“After a year establishing ATREG as an independent advisory firm, we are ready to take the company to the next level, and the appointment of this international advisory board is a natural progression in our development to help us successfully achieve our objectives,” adds Stephen Rothrock, president and managing principal at ATREG. “We are pleased to welcome the brightest mentors from the four corners of the globe, and look forward to leveraging their wisdom, experience, independent perspectives, and objective analysis to ensure ATREG’s future growth and capitalize on new demand in the global semiconductor marketplace.”
Note to editors
For individual biographies of ATREG’s advisory board members, please visit our web site at http://atreg.com/advisory_board.html.
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About ATREG, Inc.
Based in Seattle, WA, ATREG is a global advisory firm to the semiconductor industry. 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 $5 billion over the past 10 years. For more information, please visit us online at www.atreg.com.
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FOR
IMMEDIATE RELEASE
Media
contact
Muriel Guilbert
425.829.3712
muriel.guilbert@atreg.com
ATREG and Colliers International Secure Sale of Freescale Semiconductor’s East Kilbride, Scotland
facility
Sale and partial leaseback agreed with Clowes Developments (Scotland)
Limited
Seattle, WA, August 17, 2011 – ATREG, Inc. (Advanced Technology Resource
Group), a Seattle-based global advisory firm to the semiconductor industry, and
Colliers International have facilitated the successful sale and partial
leaseback of the Freescale Semiconductor campus at East Kilbride, Scotland, in
a deal which sees Edinburgh-based Clowes Developments (Scotland) Limited
acquire the 800,000 sq. ft. facility located on 26 acres.
Freescale is leasing back 70,000 sq. ft. of campus
offices from Clowes for research and development, applications engineering,
systems architecture, and product engineering purposes. This agreement maintains
Freescale’s presence at the location, while offering Clowes significant scope
to redevelop the rest of the site.
“Our expert advice combined with Freescale’s proactive
planning has resulted in ensuring continued employment in the tech sector of
that region,” explains Stephen Rothrock, president and managing principal of
ATREG. “We are pleased to have achieved such a successful transaction for our
client in a down market.”
“This is the largest industrial disposal in the West
of Scotland for some years, and despite challenging market conditions, we were
successful in identifying a local buyer,” adds Iain Davidson, director,
logistics and industrial with Colliers International in Scotland. “The
transaction itself was not without its complexities given the scale, nature of
the site, and our client’s requirement to lease back part of the site. However,
we are delighted to have secured the sale to Clowes Developments.”
The value of the transaction has not been disclosed. Patrick Property Consultancy advised Clowes
Developments (Scotland) Limited during the transaction.
In December 2010, ATREG and Colliers International
advised Freescale on the sale of its other Scottish semiconductor facility
located in Dunfermline to Shepherd Offshore Services Ltd.
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About ATREG, Inc.
Based in Seattle, WA, ATREG is a global advisory firm to the semiconductor industry. 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 Colliers International
Colliers International is one of the UK’s top real estate advisory organizations, employing around 700 people in 13 full-service offices throughout the UK and Ireland. Colliers International provides a broad range of real estate consultancy services, including general practice surveying, fund management, destination consulting, and property co-investment. Globally, Colliers International is the world’s third-largest commercial real estate firm, employing over 12,500 professionals in 512 offices in 61 countries. For more information, please visit us online at www.colliers.com/markets/UK/.
About Clowes Developments (Scotland) Ltd., part of CWC Group
CWC Group is one of the strongest and largest privately owned property development groups in the UK. For more information, please visit us online at www.clowesgroup.com/.
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FOR IMMEDIATE RELEASE
Media contact
Muriel Guilbert
425.829.3712
muriel.guilbert@atreg.com
ATREG Named 42nd Best Company to Work For in Washington by Seattle Business Magazine
Company attributes first-time recognition in small business category to open and communicative culture
Seattle, WA, June 17, 2011 – ATREG (Advanced Technology Resource Group), a Seattle-based global advisory firm to the semiconductor industry, announced today that it was named 42nd Best Company to Work for in Washington by Seattle Business Magazine (Small Business category) at last night’s 21st Annual Awards Dinner held at the Westin Seattle. With this annual award, Seattle Business Magazine salutes the Washington companies that are setting the standard for leadership, strong benefits, best work environment, innovative training programs, and happiest employees. ATREG attributes its success to a cohesive team that shares an open and communicative culture based on such core values as utmost integrity, unparalleled customer service, a personalized approach, creative team work, and continuous learning.
“It has only been nine months since ATREG started operating as an independent entity whose mission is to inform decisions and execute complex transactions on behalf of the world’s leading semiconductor companies,” explains Stephen Rothrock, president and managing principal of ATREG. “Being recognized for the first time in front of our peers as one of the best places to work for in our region is a great tribute and testament to our team, and the culture based on trust that we foster as a company.”
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About ATREG, Inc.
Based in Seattle, WA, ATREG is a global advisory firm to the semiconductor industry. 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.
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FOR IMMEDIATE RELEASE
Media contact
Muriel Guilbert
425.829.3712
muriel.guilbert@atreg.com
ATREG Acts as Financial Advisor to the Insolvency Administrator
of Qimonda Dresden in Sale of its Fabs
Infineon Technologies AG purchases Qimonda Dresden’s remaining assets for €100,600,000
Seattle, WA, June 1, 2011 – ATREG, Inc. (Advanced Technology Resource Group), a Seattle-based global advisory firm to the semiconductor industry, announced today that it acted as the financial advisor to insolvency administrator Dr. Michael Jaffé on behalf of Qimonda Dresden GmbH & Co. oHG throughout the successful sale of all Qimonda Dresden’s remaining assets. Infineon Technologies AG (ticker symbol: IFX), a leading provider of semiconductor and system solutions addressing energy efficiency, mobility, and security headquartered in Munich, Germany, purchased these assets for €100,600,000. The transaction includes a 300mm production fab, a 300mm R&D fab, manufacturing equipment, as well as related support and administrative facilities.
“We are very pleased with the outcome of this transaction,” explains Barney Silver, senior vice president and principal at ATREG. “By working very closely with both the Qimonda Dresden and the insolvency administrator’s team, we ensured the timely execution of this sale, and reached a positive outcome for all stakeholders concerned.”
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About ATREG, Inc.
Based in Seattle, WA, ATREG is a global advisory firm to the semiconductor industry. 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.
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FOR IMMEDIATE RELEASE
Media contact
Muriel Guilbert
425.829.3712
muriel.guilbert@atreg.com
ATREG Acts as Exclusive Financial Advisor to Renesas in Recent Closed Sale of 200mm U.S. Manufacturing Fab to TELEFUNKEN
TELEFUNKEN acquires Roseville, CA fab for an estimated US$53 million; will use facility to manufacture own analog / mixed-signal high-voltage products as well as products for strategic foundry partners
Seattle, WA, May 31, 2011 – ATREG, Inc. (Advanced Technology Resource Group), a Seattle-based global advisory firm to the semiconductor industry, announced today that it acted as exclusive financial advisor to Renesas Electronics America Inc. in the recently announced sale of its 200mm semiconductor fab to TELEFUNKEN Semiconductors International LLC for an estimated US$53 million. Wafra Capital Partners L.P. and Somerset Capital Group Ltd. helped TELEFUNKEN finance the transaction. TELEFUNKEN will use the Roseville, Calif. facility to manufacture its own analog / mixed-signal high-voltage products as well as products for strategic foundry partners. The buyer has also entered into a supply agreement with Renesas Electronics for manufacturing services at the Roseville factory, and kept the site’s entire workforce.
Renesas Electronics had been considering and implementing various measures to improve manufacturing efficiency by promoting larger wafers, finer process node, and production concentration. In line with these measures, the company decided to sell its Roseville, Calif. facility to TELEFUNKEN Semiconductors International, which had been searching for a new manufacturing facility to expand its semiconductor business.
“We were on an aggressive timeline for completing this transaction by the end of our fiscal year,” explains Yutaka Emoto, executive manager, corporate structure planning department, corporate planning division at Renesas Electronics Corporation based in Tokyo, Japan. “ATREG provided us with the expert financial advice, the key industry relationships, and the market knowledge we needed in order to move quickly and achieve a successful sale.”
“We are very pleased to see an international company making a significant investment in manufacturing in America,” comments Barnett Silver, senior vice president and principal at ATREG. “We are currently witnessing increasing investment in what are perceived as higher-cost regions where semiconductor companies can rely on higher available capacity, more affordable assets, strong IP protection, a highly trained workforce, and wage stability. The Renesas transaction is a perfect example of that unfolding trend.”
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About ATREG, Inc.
Based in Seattle, WA, ATREG is a global advisory firm to the semiconductor industry. 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.
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TOKYO, Japan, and Heilbronn, Germany, March 31, 2011 — Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, and TELEFUNKEN Semiconductors GmbH & Co. KG, an automotive-qualified, mixed-signal, high-voltage (HV) power management and SOI-based manufacturer, today announced that they have signed an agreement under which Renesas Electronics America Inc. will sell its semiconductor wafer fabrication facility in Roseville, California, to TELEFUNKEN Semiconductors International LLC, a company that includes TELEFUNKEN Semiconductors GmbH. The sale price is approximately 53 million U.S. dollars, and the closing for the sale is planned for May 2, 2011. Wafra Capital Partners L.P. and Somerset Capital Group Ltd. helped TELEFUNKEN finance and facilitate the transaction and ATREG Inc. advised Renesas throughout the transaction.
As part of the strategies decided through its 100-Day Project announced on July 29, 2010, Renesas Electronics has been considering and implementing various measures to improve manufacturing efficiency by promoting larger wafers, finer process node, and production concentration. In line with these measures, the company decided to sell Renesas Electronics America's facility in Roseville, California, to TELEFUNKEN Semiconductors International, which has been searching for a new manufacturing facility to expand its semiconductor business.
TELEFUNKEN Semiconductors International intends to utilize the 200-millimeter (mm), eight-inch line at the Roseville factory to manufacture its own analog/mixed-signal, HV products and the products for its strategic foundry partners. TELEFUNKEN Semiconductors International also will enter into a supply agreement with Renesas Electronics for manufacturing services at the Roseville factory. Under this agreement, TELEFUNKEN Semiconductors International will focus on Renesas Electronics' current customers without interruption for the same high-quality level of production and service at the Roseville facility.
Renesas Electronics remains fully committed to meeting customers' requirements through its Quality Assurance Center in Roseville to continue support of customers in the North American and European markets.
Note: Refer to the addendum for an overview of the sale agreement of the Roseville factory.
About Renesas Electronics Corporation
Renesas Electronics Corporation (TSE: 6723), the world's number one supplier of microcontrollers, is a premier supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad-range of analog and power devices. Business operations began as Renesas Electronics in April 2010 through the integration of NEC Electronics Corporation (TSE:6723) and Renesas Technology Corp., with operations spanning research, development, design and manufacturing for a wide range of applications. Headquartered in Japan, Renesas Electronics has subsidiaries in 20 countries worldwide. More information can be found at www.renesas.com.
About TELEFUNKEN Semiconductors GmbH & Co. KG
TELEFUNKEN Semiconductors GmbH & Co. KG is a leading manufacturer of advanced Bi-CMOS, BCD, SiGe and SOI technologies, with its own product families in the fast-growing power management and interface segments. It also manufactures products for its strategic foundry partners worldwide. TELEFUNKEN Semiconductors has an automotive-qualified manufacturing facility in Heilbronn, Germany. More information can be found at www.telefunkensemi.com
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Advisory firm’s papers based on real-world semiconductor success
stories andinternal industry research educate technology companies on
how to better compete in today’s volatile global economy
Seattle, WA, March 8, 2011 – ATREG, Inc. (Advanced
Technology Resource Group), a Seattle-based global
advisory firm to the semiconductor and advanced technology industries, announced today that it is presenting at both Global Semiconductor
Forum (GSF) in Singapore and SEMICON China in Shanghai over the next two weeks.
On March 11th at
GSF, Doug Barrett, senior vice president and
principal, will host a workshop entitled Top
Six Critical Elements for a Successful Fab Sale from 2:45 to 3:50
pm at The Ritz-Carlton, Millenia Singapore. On March 16th at SEMICON China, Barnett Silver, senior vice president and principal,
will present Top 10 Considerations When Acquiring or Disposing of
Advanced Technology Manufacturing Assets from 3:40 to 4:00 pm
at the Shangri-La Kerry Hotel Pudong in Shanghai. Both papers that aim at educating technology companies on how to better compete in today’s volatile
global economy leverage
a series of real-world customer success studies involving leading global
manufacturing IDMs and internal industry research collected over the past 12
years.
The
market for semiconductor facilities in the U.S. and Western Europe is out of
equilibrium with the supply of fabs outstripping demand for the facilities.
This imbalance is largely due to memory companies shedding 200mm assets in
favor of 300mm platforms, companies investing in lower-cost regions such as
Asia, and the increasing trend toward foundry production. This results in
downward pressure on fab sale prices, the potential for extended marketing
times, and increasing pressure to close facilities and pursue alternative uses
for the land and buildings.
“Since our inception in 1998, we have facilitated positive fab sales for
their intended purpose despite tough market conditions,” explains Stephen Rothrock, managing principal and president of ATREG. “The key lies in how you approach the
situation – no two manufacturing asset transactions are ever the same, and one size doesn’t fit all. The
companies with the greatest chances of success are the ones that can think
creatively and holistically about their deal structures, get a deep
understanding of market dynamics, conduct an analysis of their strategic
options early on in the process, and set realistic outcome expectations, so
they make the best-informed decisions possible.”
Note to editors
Members of the media are cordially invited to attend ATREG’s
Singapore and Shanghai presentations. To RSVP, receive a copy of the conference
papers, or request a phone interview after the conferences, please email Muriel
Guilbert at muriel.guilbert@atreg.com.
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About
ATREG, Inc.
ATREG, Inc. is a global advisory firm specializing in the
semiconductor and related advanced technology industries. Since 2000, ATREG has
represented some of the world's largest and most reputable companies in the
disposition and acquisition of assets and business units with a combined market
value of more than US $3 billion. ATREG’s combination of consulting and transaction
expertise has repeatedly helped senior management teams address important
business needs surrounding organic and strategic growth, cost reduction and
portfolio rationalization, and manufacturing / R&D strategy. ATREG’s
market knowledge, industry relationships, and successful track record make us
uniquely qualified to serve our clients. For more information, please visit us online at www.atreg.com.
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