Qimonda Announces Appointment Of Advisors

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3rd April 2009, 03:02am - Views: 512





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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.

Science Information Technology Qimonda North America Corporation 3 image


    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

real estate. (www.gordonbrothers.com)


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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