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Dec 04, 2007 at 04:02 PM |
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Niche semiconductor process R&D foundries ATDF and SVTC Technologies have merged to create the largest privately-owned foundry of this type in the world. Terms of the merger have not been disclosed. Austin-based ATDF is an R&D foundry and subsidiary of industry consortium SEMATECH while SVTC Technologies is owned primarily by Oak Hill Capital Partners and Tallwood Venture Capital and is based in San Jose.
“The merger is good news for companies requiring process development and commercialization on advanced 200mm/300mm production-grade equipment in a disciplined and operationally effective environment, said Dave Bergeron, SVTC’s Chief Executive Officer. “Companies from all areas of the industry are showing real interest in our model. They represent such diverse application areas as non-volatile memory, micro-electromechanical systems (MEMS), imaging, high-voltage and analog technologies. We even have nano-technology and solar PV cell development taking place in our facilities – it is exciting to witness the range of companies that can accelerate their path to market with us.”
“The merger is an excellent opportunity to expand capabilities; broaden our global customer base; grow our emerging technology, wafer services and tool access businesses; and create new jobs,” commented Dave Anderson, General Manager of ATDF.
ATDF will continue to serve global and regional customers and support university research and combined work currently with 200 customers worldwide.
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