IntelliEPI Buys GaAs Epitaxy Business From Soitec
Soitec (Euronext), a manufacturer of semiconductor materials for the electronics and energy industries, has today announced the sale of its GaAs epitaxy business (part of the Soitec Specialty Electronics subsidiary based in France) to US-based Intelligent Epitaxy Technology Inc.
"The transaction will enable IntelliEPI to widen its customer base and penetrate to several critical GaAs application markets such as automotive radar technology. It will also enable IntelliEPI to provide best-valued products and services to all its customers with expanded manufacturing capacities from its Texas, USA location" said Yung-Chung Kao, IntelliEPI President and CEO.
"The sale of our GaAs epitaxy business to IntelliEPI reflects our drive to refocus Soitec's electronics division on its key products under its five-year Soitec 2015 program," explained Bernard Aspar, senior vice president and Soitec's Communication & Power business unit general manager.
IntelliEPI was established in 1999 in Richardson, Texas, to supply epitaxy-based compound semiconductor epi wafers to the electronics and optoelectronics industries. Along with IntelliEPI's experience in MBE processing, the company owns three US patents on real-time in situ growth sensor technology
Soitec's products include substrates for microelectronics (most notably SOI: silicon-on-insulator) and concentrator photovoltaic systems. The company's core technologies are Smart Cut, Smart Stacking and Concentrix, as well as expertise in epitaxy. Applications include consumer and mobile electronics, microelectronics-driven IT, telecommunications, automotive