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Lansdale, Former Intel Execs Ink Fab Contract

(05/23/2000)

by John Redding

    TEMPE, ARIZONA - February 4, 2000 - Lansdale Semiconductor, Inc., President, R. Dale Lillard, announced today the sale of the company's 4 inch bipolar silicon wafer foundry to a chip industry startup company, Primarion, Inc. Under terms of the acquisition agreement, the new company will immediately take controlling interest in the Class 100, 20,000 sq. ft. wafer fabrication (fab) facility in Tempe, custom built by Lansdale in 1994. The manufacturing facility is both QS 9000 and MIL-PRF-38535 certified. "Specific financial terms of the deal are not being disclosed", according to Lillard.

    Lansdale will hold an equity position in the startup company and has a long term guaranteed contract for die support. "By spinning off the fab operations, Lansdale can focus its resources on continuing to expand its military aftermarket Diminishing Manufacturing Sources (DMS) integrated circuit (IC) product lines from major Original Equipment Manufacturers (OEMs) to meet the growing needs of the Department of Defense (DOD)", added Lillard. "The new semiconductor company was founded by a group of former Intel executives to develop a new technology to increase the downloading and Internet connection speed of personal computers up to 30 percent", stated Dan Clarke, president.

    Based in Tempe, Ariz., Lansdale Semiconductor, Inc. is a leading supplier of end-of-life, critical-application, hi-rel, linear and digital IC product lines to original engineering design specifications and quality standards for the military and industrial semiconductor aftermarket. The company is licensed to manufacture and market ICs originally designed and previously produced by electronic manufacturers AMD, Fairchild, Harris, Intel, Motorola, National, Philips/Signetics and Raytheon.

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