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.
Domain controller concept gains traction
September 02, 2015
Automotive supplier ZF TRW has won two business contracts for the second generation of its Safety Domain ECUs. The orders ...
Does a Chinese bid GloFo make sense?
Imec laminates stretchable LED display onto garments
IoT conquers consumer electronics
Growing the seeds of electronics on the "radio"
Analog Devices is Sand 9 buyer
September 01, 2015
Piezoelectric MEMS resonator startup Sand 9 Inc. (Cambridge, Mass.) was acquired by Analog Devices Inc. (Norwood, Mass.) ...
Butterfly wings inspire gas sensing innovation
SEMI Europe appoints new president
Will hardware-based virtualized GPU cards shrink the market?
- High Voltage CMOS Amplifier Enables High Impedance Sensing with a Single IC
- Software-Defined Radio Handbook
- Why Making the Move from a Variable Transformer to a VariPLUS is the Right Decision
- Automating Leakage and Functional Testing
InterviewCEO interview: Ambiq sees broader options for low voltage
Mike Noonen, recently appointed interim CEO at microcontroller startup Ambiq Micro, discusses the focus and opportunities for this pioneering company designing circuits that can operate below the threshold ...
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, Altera is giving away three of its second-generation Nios II Embedded Evaluation Kit (NEEK), worth 9 each, for EETimes Europe's readers to win.
The feature-rich platform provides a fast and simple way for embedded designers to experience the capabilities of a custom embedded processor in a non-volatile FPGA.
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.