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Inspur acquires Qimonda's R&D center in China, say reports

August 12, 2009 //

Divestment of Germany-based memory chipmaker Qimonda continues. Inspur Group has acquired its research and development center in Xi'an, China, according to online reports.


PARIS — Divestment of Germany-based memory chipmaker Qimonda continues. Inspur Group has acquired its research and development center in Xi'an, China, according to online reports.

Inspur Group said it has acquired Qimonda's R&D center in Xi'an for 30 million Chinese Yuan. Its objective is to build a bigger IC design and R&D center by integrating the existing IC design center with its state key laboratory for high-performance server and massive storage and the acquired Qimonda R&D center, reports notified.

Qimonda has five R&D centers in the world. The Xi'an R&D center was established in January 2004 with a registered capital of $5 million. Its equipment is worth more than 80 million Chinese Yuan and tangible and intangible assets hundreds of millions Chinese Yuan in total, according to TMC online report.

On Aug. 6, Japan's Elpida Memory Inc. reached an agreement with Qimonda AG to acquire its graphics DRAM operations. Financial details remained undisclosed.

Under the terms of the agreement, Elpida said it will acquire Qimonda's technology licenses and a portion of the design assets related to Graphics DDR memory (GDDR) ' used in high-speed computers and games.

Similarly, on Aug. 5, Winbond Electronics said it had entered a product transfer and technology licensing agreement with Qimonda for licensing the bankrupt German memory maker's graphics memory technology and devices.

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