e2v makes US acquisition
e2v technologies has conditionally agreed to buy QP Semiconductor for $65million. According to the company, the move will strengthen its position in the high reliability specialist semiconductor sector.
Keith Attwood, e2v’s chief executive, pictured, said the acquisition represented a significant opportunity for e2v and would be an important step in establishing an operational footprint in the US. “It will increase our market share in the aerospace and defence sector and expand our relationship with contractors to the US Department of Defense,” he claimed.
QP supplies more than 3000 qualified semiconductor components on the US Defense Supply Center Columbus qualified manufacturing list. Products include militarised microcontrollers and interface devices, memory components and linear and mixed signal devices. According to e2v, the company generates revenue from three principal sources: sales of semiconductor microcircuits manufactured from wafers and dies purchased from other semiconductor companies exiting the market;
redesigned functional equivalents of discontinued and second sourced semiconductor products; and assembly, packaging, qualification and testing services.
