Qimonda Announces Appointment of Advisors
CARY, N. C., Apr. 2 /PRNewswire-AsiaNet/ --
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 $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 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
About ATREG
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:
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 $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
SOURCE: Qimonda North America Corporation
CONTACT: Stephen Rothrock or Doug Barrett
both of ATREG, for Qimonda North America Corporation,
+1-206-515-4497
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