CARY, North Carolina, April 2 /PRNewswire/ --
- First Ever Operational 300mm Fab Available For Purchase in the U.S.
Qimonda North America Corporation today announced the appointment of advisors to assist in the sale of their semiconductor manufacturing assets in Sandston, Virginia, subject to bankruptcy court approval. The advisory team is comprised of ATREG, a division of Colliers International, Emerald Technology Valuations LLC and Gordon Brothers Commercial Industrial.
The advisory team is initiating discussions with potential buyers who may consider operating the 300mm fab which has an output of 38,000 wafer starts per month and is 65nm capable. If a strategic buyer is not found, the advisory team will move quickly to a complete 300mm tool line sale, and sale of the clean room manufacturing facilities in separate transactions.
This is the first time an operational 300mm fab has come to the market for sale. The fully automated, state-of-the-art Qimonda Richmond site was built and equipped at a cost of approximately US$3 billion, and volume 300mm production began in 2005, said Stephen Rothrock, Managing Director of ATREG.
Qimonda requests that all inquires are directed to ATREG, attention: Stephen Rothrock, Doug Barrett +1-206-515-4497.
Qimonda North America Corp. and Qimonda Richmond L.L.C. each filed for creditor protection under Chapter 11 of the Bankruptcy Code on February 20, 2009.
About Qimonda North America
Qimonda is a global memory supplier with a diversified DRAM product portfolio. The company provides DRAM products with a focus on infrastructure and graphics applications, using its power saving technologies and designs. Qimonda is an active innovator and brings high performance, low power consumption and small chip sizes to the market based on its breakthrough Buried Wordline technology. Further information is available at www.qimonda.com.
ATREG, the semiconductor sales division of Colliers International, is a specialized team focused to help companies restructure advanced technology assets. Established in 1997 and co-directed by Stephen Rothrock and Doug Barrett, ATREG has represented some of the semiconductor industry's top companies in transactions totaling more than US$2 billion. ATREG sells operational semiconductor fabs, wafer supply agreements, process and product IP, complete tool lines, and fab infrastructure. For more information: www.ATREG.com.
About Emerald Technology Valuations LLC
Emerald is an advisory, valuation, and liquidation firm that specializes exclusively in High Technology equipment and inventories. With over 75 years in combined experience, Emerald's senior team has provided advisory, valuation, and liquidation services to clients such as 3Com, Cisco, Hayes Electronics, IBM, Jabil Circuit, Inc., KLA-Tencor Corp., Lucent Technologies, Micron Technology Inc., Northrop Grumman Corporation, Palm, Inc. and Sanmina-SCI Corporation. For more information: www.emerald-tech.com.
About Gordon Brothers Commercial Industrial
Gordon Brothers Commercial Industrial is a division of Gordon Brothers Group. Founded in 1903, Gordon Brothers Group is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial, and real estate sectors. Gordon Brothers Group conducts over US$40 billion in transactions and appraisals annually. Gordon Brothers Commercial Industrial maximizes value for both healthy and distressed companies by purchasing or selling all categories of commercial and industrial assets including machinery equipment, inventories and industrial real estate. (www.gordonbrothers.com)
Stephen Rothrock or Doug Barrett, both of ATREG, for Qimonda North America Corporation, +1-206-515-4497