Thursday, August 13, 2009

IDT appoints ATREG as advisor for 200mm US fab sale

SEATTLE, USA: ATREG, a division of Colliers International, announced its formal appointment as advisor to IDT (Integrated Device Technology Inc.) in the sale of IDT's operational 200mm semiconductor manufacturing facility in Hillsboro, Oregon. The offering includes SMIF process tools and a potential wafer supply agreement.

The flexible Hillsboro campus, located in close proximity to the Portland-Hillsboro Airport, includes a 50,000 square foot class 1 cleanroom that manufactures standard logic, PLL, Network ICs, SRAM and Multiport semiconductor products. The 25-acre, 245,000 square foot facility can be expanded to accommodate future growth, potentially doubling production capacity.

"ATREG will focus on finding an operational purchaser for the IDT facility and its assets," stated Doug Barrett, senior vice president and director of ATREG. "A supply agreement with IDT, in-house failure analysis and test labs are components included in the offering and together with the size and location create a unique opportunity for a purchaser."

"The well-trained, highly motivated workforce provides potential acquirers with a significant head start to quickly and easily bring new products and processes on-line," said Mike Hunter, vice president of worldwide manufacturing for IDT. "The fab currently utilizes 0.35 through 0.13 micron process technologies that are efficient, stable and portable to new products."

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