Infineon acquires ADMtek
Staff -- Test & Measurement World, 3/1/2004
As part of its strategyto strengthen its position in the broadband access market, Infineon Technologies (Munich, Germany) will acquire Taiwanese fabless semiconductor company ADMtek. The company will focus its new operations, named Infineon-ADMtek Co., on developing broadband customer premise equipment ICs for applications such as ADSL and VoIP.
As part of the purchase agreement, Infineon has agreed to supply chips to broadband equipment supplier Accton Technology Corp. (Hsinchu, Taiwan), the largest shareholder of ADMtek. The acquisition is scheduled for completion by April 2004. www.infineon.com
