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Numonyx to close California Technology Center
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According to correspondence we have received from Numonyx employees,
the memory spin-off from Intel Corporation and STMicroelectronics is to
close its R&D center in Santa Clara, known as the California
Technology Center (CTC). Continued price declines and weakening
macro-economic climate is forcing Numonyx to restructure, forcing the
company to close facilities and reduce its headcount.
Employees at the CTC were told of the closure last Tuesday, which
is believed to come into effect by April, 2009. According to the
Numonyx sources, the news was announced by Greg Attwood and BJ Woo
co-directors of CTC.
The facility was previously owned and operated by Intel as Fab 1, before being used as an R&D facility.
Numonyx did to respond to telephone and email enquires.