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Lansdale Acquires Philips Semiconductors' Programmable Logic and Memory Chip Technologies

(06/23/2000)

by John Redding

    TEMPE, ARIZONA - R. Dale Lillard, President, Lansdale Semiconductor, Inc., announced today that the aftermarket integrated circuit (IC) manufacturer has signed a contractual agreement to acquire the rights to manufacture and market a series of mature products from industry chip maker giant, Philips Semiconductors, an affiliate of Royal Philips Electronics (NYSE: PHG). Lansdale will receive a total of 75 memory and programmable logic products from Philips Semiconductors within the next 60 days. At that time, Lansdale will become the sole supplier of over 600 ICs, available as supplied by the original manufacturers, with the same parameters and packaging. Financial terms of the agreement were not disclosed.

    "Our agreement with Philips Semiconductors will substantially broaden Lansdale's support of the semiconductor aftermarket. This represents the first of the product acquisitions Lansdale has planned since the spin off in February of its wafer fabrication (fab) plant in Tempe, Ariz. to Primarion, an analog semiconductor startup company headed by a group of former Intel executives," stated Lillard. He added, "Being fabless allows Lansdale to focus our efforts and resources on expanding our line of standard catalog products by purchasing obsolete but critical products from the major semiconductor manufacturers."

    Based in Tempe, Ariz., Lansdale has been a leader in the aftermarket semiconductor industry since its founding in 1964. The company manufactures and stocks a large variety of ICs, used in multiple applications, that were originally designed and produced by Fairchild, Harris, Intel, Motorola, Philips Semiconductors, and Raytheon.

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