||Boise, ID — Micron Technology, Inc. has sold its semiconductor manufacturing subsidiary whose primary asset consists of an advanced 200mm CMOS image sensor fab based in Avezzano, Italy. The facility was purchased by LFoundry, a German analog mixed-signal and specialized technologies foundry. As part of the agreement, Micron assigned the buyer its supply agreement with Aptina to manufacture image sensors at the Italian facility.
"This transaction is a win-win situation," explained Barnett Silver, senior vice president and principal at ATREG, an advisory firm that had provided advisory counsel to Micron. "Aptina secures a long-term wafer supply while LFoundry gains access to an advanced, 200mm manufacturing operation. We are pleased to have been a part in facilitating such a successful outcome."
Contact: Micron Technology, Inc., P.O. Box 6, Boise, ID 83707-0006 208-368-4000 fax: 208-368-4435 Web: http://www.micron.com