SVTC joins forces with SEMATECH foundry ATDF
Austin-based ATDF is the research and development (R&D) foundry and subsidiary of industry consortium SEMATECH. SVTC is a San Jose based development foundry and recent spin-off from Cypress Semiconductor. These complementary organisations currently serve more than 200 customers worldwide.
The combined organisation will offer industry partners a secure, cost-effective alternative to dedicated R&D fabs or shared development/production operations. Partners and customers include semiconductor companies, foundries and equipment suppliers as well as universities and other research institutions.
The merger is expected to be completed by year-end. Terms have not been released. The merger is good news for companies requiring process development and commercialisation on advanced 200mm/300mm production-grade equipment in a disciplined and operationally effective environment, said Dave Bergeron, SVTC's chief executive officer.
"Companies from all areas of the industry are showing real interest in our model. They represent such diverse application areas as non-volatile memory, micro-electromechanical systems (MEMS), imaging, high-voltage and analog technologies. We even have nano-technology and solar PV cell development taking place in our facilities. It is exciting to witness the range of companies that can accelerate their path to market with us."
Dave Anderson, general manager of ATDF, said the Austin foundry would continue to serve global and regional customers and support university research. "The merger is an excellent opportunity to expand capabilities, broaden our global customer base, grow our emerging technology, wafer services and tool access businesses and create new jobs. Together, SVTC and ATDF represent a major force in both the domestic and international markets," he added.
