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LFoundry Completes Acquisition of Atmel’s 200mm Manufacturing Operation in Rousset, France
In accordance with French law, this transaction was previously approved in March 2010 by Atmel’s Rousset Site Works Council.
As of the closing, over 750 former Atmel employees at the Rousset wafer fabrication operation have now become part of LFoundry, thus expanding its foundry operations technological capabilities while tripling its production capacity to over 30,000 wafer starts per month. As part of this acquisition, LFoundry and Atmel jointly entered into an approximately 4 years wafer supply agreement, thus securing Atmel as a long-term customer of LFoundry.
“With this capacity expansion and the perfect fit of the installed technology base at our Landshut and Rousset sites, we can now demonstrate even more to our worldwide customer base the sustainability of our flexible foundry manufacturing and technology offering” says Michael Lehnert, LFoundry’s Chief Executive Officer. “In addition, this strategic positioning in the two largest European markets – Germany and France – positions us to provide exceptional service to the automotive, medical, aerospace and smart card security markets that dominate in Europe. Strategically, the combined company is now well positioned to drive towards expanding our market presence by working towards gaining a strong foothold in the U.S. Along this line, our record of customer engagements and technology excellence has been built on a strong commitment for reliable service and protection of our customer’s intellectual property.”
LFoundry is the customer-specific semiconductor manufacturer of choice for analog, mixedsignal and specialized technologies, headquartered in Landshut, Germany. From the heart of Europe to around the world, LFoundry provides foundry access to 200mm capacity of more than 30.000 wafer starts per month with its’ two European manufacturing sites. The technology offering based on advanced CMOS process technologies at 0,15?m and below, with innovative technology extensions and a large variety of IP blocks is combined with an unparalleled flexibility and unmatched responsiveness for customized process solutions in order to rapidly bring customers’ next designs to market.
LFoundry is the only dedicated foundry to provide “Sicherheit” … reliability, security and protection for customers, their designs and their IP. LFoundry’s record of successful customer engagements and technology excellence has been built on a simple commitment: “Sicherheit” There for You, Any Time, Every Time.
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