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ZiLOG to sell STMicro its wafer production tools

Posted: 09 Aug 2004 ?? ?Print Version ?Bookmark and Share

Keywords:wafer manufacturing equipment? 8-bit micro logic devices?

ZiLOG Inc. has entered into an agreement to sell all the wafer manufacturing equipment and related assets used at its Mod II facility in Nampa, Idaho to STMicroelectronics Inc. for an aggregate consideration of $6,000,000. The transaction is expected to close at the end of next month.

ZiLOG is a supplier of 8-bit micro logic devices. It designs, manufactures and markets a broad portfolio of devices for embedded control and communication applications used in consumer electronics, home appliances, security systems, point of sales terminals, PC peripherals, as well as industrial and automotive applications.

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