Globe Newswire: Micron and
LFoundry announce agreement for LFoundry to acquire Micron Technology Italia, Srl. and all of its semiconductor fabrication facility assets in Avezzano, Italy. Under the agreement, Micron will assign to LFoundry its four-year supply agreement with Aptina to manufacture image sensors at the 200mm Avezzano facility. Financial terms of the transaction were not disclosed.
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The transaction not only preserves the facility and jobs in Avezzano, but it also supports a stable and long-term wafer supply for Aptina, further enhancing the value of Micron's equity holdings in Aptina," said Micron CEO Mark Durcan.
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| LFoundry/Micron Avezzano Fab |
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| LFoundry Locations |
