Altis Semi finds buyer
August 13, 2010 // Mark LaPedus
After months of uncertainty and confusion, Altis Semiconductor SA, a joint venture between Infineon Technologies AG and IBM Corp., has finally found a buyer. But will the deal go through? Over the years, IBM and Infineon have experienced problems unloading the venture.
On Thursday, IBM and Infineon Technologies said they closed a transaction to sell 100 percent of the share capital of Altis Semiconductor to a new corporation, dubbed Altis International. Altis International is owned by Yazid Sabeg. The French entrepreneur is also chairman of the board of CS Communication & Systèmes which is specialized in communications and security systems.
IBM and Infineon said this completes the divestment of their joint venture Altis Semiconductor in France. IBM and Infineon have also entered into supply agreements with Altis Semiconductor and will continue to use the production facility in France under their silicon foundry sourcing strategies and as a subcontractor for wafer test services.
Altis has been used by Infineon and IBM to perform production of electronic components using 0.25-micron aluminum technology to 0.13-micron copper technology mainly for communications, automotive and security applications.
Altis has been on the block for some time. The chip maker started off as a joint MRAM maker between IBM and Infineon, but those efforts failed. The efforts to sell Altis date back at least three years, but several attempts to sell the joint venture to Russian, Swiss and other investors failed.
Last year, Altis was apparently acquried by Germain Djouhri, a French-Algerian financier who is prepared to invest 79 million euros ($118 million) in the company, according to reports. That deal apparently fell through.
Also last year, Altis Semiconductor was turned into an independent foundry service.
Catcher drones to geo-fence industrial sites
November 27, 2014
Once more last October, drones were making the headlines in France, with unidentified units reportedly flying over the country's ...
Industry embraces 48V supply in the aim of bringing down emissions
ST, InvenSense X-Fab amongst MEMS award winners
Chip market for wireless sensor networks on 23% CAGR
Biometric credit card ready for mass production, says Card Tech
New class of layered materials drive PV innovations
November 27, 2014
Physicists at the University of Kansas have fabricated a substance from two different atomic sheets of a layer of graphene ...
Lauterbach, Symtavision intermesh software for better safety
Mouser launch design contest around NXP's dual PCB configurable logic
UHF could usher in 'super-Wi-Fi'
- Common Mode Rejection in Wide Input Range Op Amps
- Power Systems Design eBook
- Halogen-free options and increased performance for terminal blocks
- Wireless Power User Guide
InterviewCEO interview: Vicor powers after higher volume applications
Patrizio Vinciarelli, is one of the longest serving CEOs in electronics, having founded Vicor in 1981 and led the company ever since. At Electronica he told EE Times Europe that his company is investing ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Cherry is giving away five of its Energy Harvesting Evaluation kits, worth over 266 Euros each, for EETimes Europe's readers to win. Cherry's energy harvesting technology benefit mostly applications where a complex wire assembly and/or batteries would be inappropriate.
The required RF-energy is created by the mechanical actuation of the switch and the data is transmitted...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.