Tuesday, October 25, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
BlackBerry Announces DTEK60, Latest Android Device With BlackBerry's Security Software
Emporio Armani Launches A Hybrid Smartwatch
Toshiba's Voice Recognition Technology Can Distinguish Multiple Individual Speakers Without Training
Alexa Skill To Lets You Control Your Harmony Hub-based Universal Remotes
SK Hynix Profit Beats Estimates
Twitter To Cut About 8 Percent Of Workforce
Samsung Set To Announce 2nd Generation ARTIK Processor For IoT Devices
Toshiba Launches New e•MMC and UFS Memories with Updated Controllers
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Fujitsu...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, April 30, 2013
Fujitsu To Sell Chip Operations to Spansion

Spansion will acquire the Microcontroller and Analog Business of Fujitsu Semiconductor for approximately $110 million, plus approximately $65 million for inventory, Spansion and Fujitsu ltd announced today.

The net impact is expected to be accretive for Spansion in 2013.

"This acquisition provides incremental revenue and aligns with our strategy to expand into system-on-chip solutions that require leadership in embedded Flash technology," said John Kispert, president and CEO of Spansion. "We will gain valuable people and intellectual property as well as microcontroller and analog products that will enable us to expand our customer base, addressing complete embedded systems requirements in automotive, industrial and consumer markets. We have been strategic partners with Fujitsu Semiconductor for decades and share many of the same customers. We expect a seamless transition for all of the employees and customers."

"In our pursuit of maximized corporate value, together with Fujitsu Semiconductor Limited, we have executed a management decision based on the restructuring initiatives we are taking in our semiconductor business," said Masami Yamamoto, President of Fujitsu Limited. "We are confident that our customers will benefit from the enormous synergies anticipated. Our employees will also benefit by being a part of Spansion, which has a complementary and differentiated product portfolio based on its world-leading nonvolatile memory technologies."

Embedded nonvolatile memory has become one of the most important differentiators within the microcontroller market and addresses needs for faster and more intelligent devices for a range of embedded applications.

The acquisition is subject to various customary closing conditions and is expected to be complete between July and September of 2013.

Spansion was set up in 2004 jointly by Fujitsu and AMD.

Fujitsu is also negotiating with Panasonic to integrate their "system large-scale integration" (system LSI) chip operations.

Withdrawal from the microcontrollers and system LSI operations would leave the company with the production of chips only for use in Fujitsu computers.

AMD To Replace GPU Computing With heterogeneous Computing        All News        Toshiba Launches Canvio Connect Portable Hard Drive
Outlook.com Integrates Skype     General Computing News      Au Optronics Executive Sentenced for Role in LCD Price-Fixing Conspiracy

Get RSS feed Easy Print E-Mail this Message

Related News
Fujitsu Develops New Architecture that Rivals Quantum Computers
Fujitsu Develops Traffic-Video-Analysis Technology Based on Image Recognition and Machine Learning
Fujitsu ETERNUS AF Storage Enables All-Flash Storage for the Mass Market
Lenovo to Take Over Fujitsu's PC Business
Fujitsu Begins Sales of City Monitoring and Parking Management Solutions that Employ AI Technology
Fujitsu and Oracle Team Up to Drive Cloud Computing
Fujitsu Develops Energy-Saving Technology to Cool Data Centers
Fujitsu Technology Analyzes Cyber Attacks
Fujitsu Releases New Enterprise PC and Tablet Models
Fujitsu, Vaio, Toshiba, Abandon PC Merger Plans
Fujitsu Develops 400 Gbps Optical Transceiver Architecture
Fujitsu Launches its Secure 2 in 1 STYLISTIC Q736 Device

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .