Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 04 September 2007 12:51

French semiconductor company sold to Russian

Written by

Image

State owned Arms dealer picks up the tab

 

The buyer for the French semiconductor company Altis is a Russian state owned arms dealer.

The deal at between 300 million euro and 500 million euro was revealed by IBM and Infineon Technologies but at the time they said that the purchaser was AES.

However according to the Kommersant newspaper AES is owned by a Russian holding company called Global Information Services, with offices in Moscow and Miami.

This appears to be owned by Rosoboronexport State Corp. The website for the company is www.rusarm.ru

Rosoboronexport sells tanks, MIG fighter aircraft, surface warships and submarines, long-range air defense missile systems, radar and electronic warfare and electronic countermeasures systems.

Altis made logic chips at 250-nm and 130-nm and R&Ded magnetic RAM and conductive-bridging RAM. It is possible that Rosoboronexport could use Altis to contribute to the development of electronics systems in VAZ automobiles.

More 2000 people work at Altis Semiconductor's 55-hectare wafer fab site at Corbeil-Essonnes south of Paris.

More here.

Last modified on Tuesday, 04 September 2007 12:52

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments