TITLE

Zarlink unloads UK analog fab for $1.50

AUTHOR(S)
Deffree, Suzanne
PUB. DATE
March 2008
SOURCE
Electronic News;3/3/2008, Vol. 54 Issue 9, p23
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Canada-based Zarlink Semiconductor Inc. to sell its analog foundry in Swindon, England to MHS Electronics UK Ltd. Zarlink management said the move was based on efforts to re-focus its business on specific segments including wired communications, optoelectronics and medical markets. Report says this transaction will benefit Zarlink and its shareholders, while the analog foundry employees will prosper as part of a pure-play semiconductor foundry.
ACCESSION #
31242495

 

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