SAN JOSE, CA – Atmel Corp. has completed the sale of its wafer fabrication facility in Heilbronn, Germany to Tejas Silicon Holdings Ltd. (TSH). UK-based TSH will absorb approximately 260 fabrication and support employees. As part of an aggressive transformation plan to increase its competitive position, the sale leaves Atmel with two manufacturing facilities.
“Atmel continues to increase its focus on and investment in its high-growth, high margin proprietary product lines. We have already divested or shut down 14 non-core product lines, while consolidating or streamlining others. In addition, we have divested or closed three wafer fabrication facilities as we implement our fab-light strategy. We look forward to continuing to build on this momentum,” says Steven Laub, CEO.
HONG KONG – Wong Kong King Technology Ltd. (WKK) has entered into a license agreement with Nihon Superior to manufacture and sell SN100C, lead-free solder, in China.
WKK will dedicate a plant in Dongguan, China for manufacturing. Production is scheduled to begin in April with local distribution to commence in May.
SYDNEY, AUSTRALIA – Altium has named Triacon Scientific as its channel partner for Sweden. Triacon will sell Altium Designer, as well as Desktop NanoBoard and daughterboards. In addition, it will provide training, sales and support to local electronics designers.
By extending its sales force of channel partners, Altium believes it will strengthen future growth. “Sales grew 30% in Europe last quarter and 18% in the last financial year,” said Frank Hoschar, managing director and vice president of sales and support EMEA, Altium. “European organizations are rapidly turning to Altium’s next generation electronics design solutions.”