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LFoundry to acquire Micron manufacturing plant in Italy

Issued at 2013-03-18



LFoundry GmbH, Germany, an analog mixed signal and specialized technologies foundry, announces that it has entered into an agreement with Micron Technology Inc., Boise, Idaho, to acquire Micron Technology Italia Srl and all of its semiconductor fabrication facility assets in Avezzano, Italy.  It is expected to become a strategic part of LFoundry’s global growth.

After this acquisition, LFoundry will employ approximately 2400 people worldwide and will have a 200mm wafer start capacity of 65,000 wafers per month, which will allow LFoundry to expand its market presence as the leading analog mixed signal foundry in Europe.

“Operating out of two most advanced European 200mm Fabs, supporting 90nm, a volume copper path and state of the art technology, perfectly positions LFoundry to provide flexible and high quality technology and manufacturing services,” said Günther Ernst, CEO of LFoundry. “Combined with our greatly expanded R&D and engineering teams, our customers will have access to a strong partner for specialized technologies and collaborative development, ensuring smooth industrialization from lab to fab, either based on LFoundry’s CMOS or on proprietary technologies.”

Mr. Ernst added that the combination of the manufacturing capacity and the technology capabilities of Micron’s Fab in Avezzano with LFoundry’s existing Fab in Rousset, France, is consistent with their development vision for the company. “With the new Fab in Avezzano, we will surpass an important threshold, enabling us to accelerate further growth of our business outside of Europe.”


Source: LFoundry



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