Product category:
Power Supply ICs and Controllers
News Release from: ON Semiconductor
Edited by the Electronicstalk Editorial
Team on 16 May 2006
Wafer fab acquisition is completed
Semiconductor Components Industries has completed the purchase of LSI Logic's Gresham wafer fabrication facility and certain other semiconductor manufacturing equipment.
ON Semiconductor has confirmed that its primary operating subsidiary, Semiconductor Components Industries, has completed the purchase of LSI Logic Corporation's Gresham, Oregon, wafer fabrication facility and certain other semiconductor manufacturing equipment for a total price of approximately $105 million, under terms of a definitive agreement executed on 5th April 2006 The company paid LSI Logic approximately $90 million in proceeds to date, with the balance due within 90 days of closing according to the agreement
This article was originally published on Electronicstalk on 31 Mar 2003 at 8.00am (UK)
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ON Semiconductor has hired substantially all of the LSI manufacturing employees currently working at the Gresham facility.
The purchase of the Gresham wafer facility significantly enhances ON Semiconductor's internal manufacturing capabilities.
With the completion of this transaction, the company has gained the skilled process development engineers, operational expertise and process development knowhow to help enable it to develop a larger mix of high volume, low cost, high-performance submicron analogue and digital power products down to the 0.18um level, with toolset capabilities down to the 0.13um level in the future.
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