Micron 200mm Avezzano, Italy fab sale to LFoundry

Former Micron Avezzano fab
“With its exceptional understanding of the market, strong network of industry relationships, and professional, results-oriented approach, ATREG has been instrumental in the valuation and successful divestiture of our assets.”
Chief Strategy Officer & Vice President, Corporate Development

Challenge

Micron needed to dispose of its semiconductor manufacturing subsidiary whose primary asset consisted of an advanced 200mm CMOS image sensor fab located in Avezzano, Italy.

Solution

ATREG brought LFoundry, a leading German analog mixed-signal and specialized technologies foundry, to the negotiating table, leading to the final sale of the facility.

Business Result

• As part of the agreement, Micron assigned the buyer its supply agreement with Aptina to manufacture image sensors at the Italian facility.
• Aptina secured a long-term wafer supply while LFoundry gained access to an advanced 200mm manufacturing operation.