Cypress sells MEMS subsidiary
1 min read
Cypress has sold its Silicon Light Machines subsidiary to Dainippon Screen in a move which is said to allow it to focus more closely on its core business.
According to Cypress, Dainippon Screen is Silicon Light Machines’ largest customer for its Grating Light Valve technology. The MEMS solution is said to be suitable for computer to plate commercial printing and other imaging applications.
“This transaction reflects our desire to divest businesses that are not optimally aligned with our mission to become a global programmable solutions leader,” said Cypress’ president and ceo TJ Rodgers. “The divestiture of SLM's GLV business – the seventh such transaction in two years – will bring greater focus to our core business, whilst the integration of SLM’s optical laser navigation technology will enable us to expand our suite of programmable solutions serving the keyboard/mouse market.”
Masanari Tsuda, Dainippon Screen’s chief technology officer, added. “Silicon Light Machines’ GLV technology has been an enabler for our leadership in thermal computer to plate printing applications. Now that it is part of DNS, we will be looking to this group to produce products that will enable us to expand our imaging technology into other markets.”
