NXP Semiconductors Selects ATREG as its Agent in the Sale of their 200mm New York Fab
NEW YORK, Oct. 8, 2008 -- NXP Semiconductors, a global leader in the development and fabrication of advanced semiconductor solutions, today announced it has retained ATREG, the semiconductor sales division of Colliers International, to sell its fully operational 200mm semiconductor manufacturing facility in Fishkill, New York.
The experienced engineering community at the site develops and produces high performance BiCMOS RF and High Voltage CMOS technologies leveraging stable 200mm 0.25um equipment to deliver a competitive advantage in functionality and cost.
"NXP is willing to license their advanced process technologies and enter into a supply agreement which would immediately allow for rapid market penetration and instant product differentiation in leading edge applications," said Stephen Rothrock, Colliers Senior Vice President and Managing Director of ATREG. "The fab's leading edge technology capability, SMIF interface tool line, and premium wafer pricing make this a very attractive offering," asserts Rothrock.
Peter Yates, Senior Vice President & General Manager of NXP added, "NXP selected Stephen Rothrock and Doug Barrett of ATREG to assist in capitalizing on the global interest we have experienced since our announcement." Yates emphasized, "NXP is committed to identifying a qualified purchaser who will recognize the inherent long term value of the offering and the dedicated, experienced and highly-skilled staff on site."
About NXP Semiconductors
NXP is a leading semiconductor company founded by Philips more than 50 years ago. Headquartered in Europe, the company has 31,000 employees working in more than 20 countries and posted sales of USD 6.3 billion (including the Mobile & Personal business) in 2007. NXP creates semiconductors, system solutions and software that deliver better sensory experiences in TVs, set-top boxes, identification applications, mobile phones, cars and a wide range of other electronic devices. News from NXP is located at http://www.nxp.com.
About Colliers International ATREG
Colliers Macaulay Nicolls Inc. (CMN) is the largest member of Colliers International, a worldwide affiliation with 293 offices in 61 countries and more than 11,000 professional. ATREG, the semiconductor sales division of Colliers, 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: http://www.ATREG.com.