Qimonda Announces Appointment of Advisors



    
    First Ever Operational 300mm Fab Available For Purchase in the U.S.

    
    CARY, N.C., April 21 /CNW/ -- Qimonda North America Corporation today
announced the appointment of advisors to assist in the sale of their
semiconductor manufacturing assets in Sandston, Virginia, subject to
bankruptcy court approval. The advisory team is comprised of ATREG, a division
of Colliers International, Emerald Technology Valuations LLC and Gordon
Brothers Commercial & Industrial.
    

    
    The advisory team is initiating discussions with potential buyers who may
consider operating the 300mm fab which has an output of 38,000 wafer starts
per month and is 65nm capable. If a strategic buyer is not found, the advisory
team will move quickly to a complete 300mm tool line sale, and sale of the
clean room manufacturing facilities in separate transactions.
    

    
    "This is the first time an operational 300mm fab has come to the market
for sale. The fully automated, state-of-the-art Qimonda Richmond site was
built and equipped at a cost of approximately $3 billion, and volume 300mm
production began in 2005," said Stephen Rothrock, Managing Director of ATREG.
    

    
    Qimonda requests that all inquires are directed to ATREG, attention:
Stephen Rothrock, Doug Barrett 206.515.4497.
    

    
    Qimonda North America Corp. and Qimonda Richmond L.L.C. each filed for
creditor protection under Chapter 11 of the Bankruptcy Code on February 20,
2009.
    

    About Qimonda North America

    
    Qimonda is a global memory supplier with a diversified DRAM product
portfolio. The company provides DRAM products with a focus on infrastructure
and graphics applications, using its power saving technologies and designs.
Qimonda is an active innovator and brings high performance, low power
consumption and small chip sizes to the market based on its breakthrough
Buried Wordline technology. Further information is available at
www.qimonda.com.
    

    About ATREG
    
    ATREG, the semiconductor sales division of Colliers International, is a
specialized team focused to help companies restructure advanced technology
assets. Established in 1997 and co-directed by Stephen Rothrock and Doug
Barrett, ATREG has represented some of the semiconductor industry's top
companies in transactions totaling more than US$2 billion. ATREG sells
operational semiconductor fabs, wafer supply agreements, process and product
IP, complete tool lines, and fab infrastructure. For more information:
www.ATREG.com.
    

    About Emerald Technology Valuations LLC

    
    Emerald is an advisory, valuation, and liquidation firm that specializes
exclusively in High Technology equipment and inventories. With over 75 years
in combined experience, Emerald's senior team has provided advisory,
valuation, and liquidation services to clients such as 3Com, Cisco, Hayes
Electronics, IBM, Jabil Circuit, Inc., KLA-Tencor Corp., Lucent Technologies,
Micron Technology Inc., Northrop Grumman Corporation, Palm, Inc. and
Sanmina-SCI Corporation. For more information: www.emerald-tech.com.
    

    About Gordon Brothers Commercial & Industrial

    
    Gordon Brothers Commercial & Industrial is a division of Gordon Brothers
Group. Founded in 1903, Gordon Brothers Group is a global advisory,
restructuring and investment firm specializing in the retail, consumer
products, industrial, and real estate sectors. Gordon Brothers Group conducts
over $40 billion in transactions and appraisals annually. Gordon Brothers
Commercial & Industrial maximizes value for both healthy and distressed
companies by purchasing or selling all categories of commercial and industrial
assets including machinery & equipment, inventories and industrial real
estate.(www.gordonbrothers.com)
    




    




For further information:

For further information: Stephen Rothrock or Doug Barrett, both of
ATREG, +1-206-515-4497, for Qimonda North America Corporation Web Site:
http://www.atreg.com

Organization Profile

QIMONDA NORTH AMERICA CORPORATION

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890