Title : Intel Gets into CIS Foundry Business through the Acquisition of Tower for $5.4B
link : Intel Gets into CIS Foundry Business through the Acquisition of Tower for $5.4B
Intel Gets into CIS Foundry Business through the Acquisition of Tower for $5.4B
BusinessWire: Intel and Tower Semiconductor announce a definitive agreement under which Intel will acquire Tower for approximately $5.4 billion.“Tower’s specialty technology portfolio, geographic reach, deep customer relationships and services-first operations will help scale Intel’s foundry services and advance our goal of becoming a major provider of foundry capacity globally,” said Pat Gelsinger, Intel CEO. “This deal will enable Intel to offer a compelling breadth of leading-edge nodes and differentiated specialty technologies on mature nodes – unlocking new opportunities for existing and future customers in an era of unprecedented demand for semiconductors.”
Tower owns 5 fabs directly and another 3 through joint venture with Nuvoton. 6 of them manufacture image sensors, among other products. For some reason, Tower does not mention BSI processing joint venture with GPixel in China.
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