News
SAN JOSE -- Tessera
Technologies, a fabless chip packaging company, has entered into a definitive agreement to purchase
certain assets of Shellcase Ltd., for
$33 million in cash. The deal is pending standard closing conditions
and regulatory approvals and is expected to close in the December
quarter.
Shellcase is a provider of commercial wafer-level image sensor packaging. Its technology portfolio includes wafer-level packaging for image sensors and other devices used in cellphones that integrate digital cameras.
"Tessera is one of the world's leading technology development and licensing companies. This, in combination with the Shellcase technology and team, will enable us to grow the new business substantially," said Bruce McWilliams, Tessera's chairman and chief executive officer. "Furthermore, it solidifies our position in the wafer-level packaging market for image sensors and MEMS devices, which we believe to be among the semiconductor industry's fastest growing market segments."
According to Prismark Partners, a research firm, the image sensor market is expected to grow from approximately 520 million units in 2004 to approximately 1.3 billion units by 2009. And In-Stat forecasts the MEMS market to grow from 2.4 billion units in 2004 to nearly 6 billion units by 2009.
Shellcase is a provider of commercial wafer-level image sensor packaging. Its technology portfolio includes wafer-level packaging for image sensors and other devices used in cellphones that integrate digital cameras.
"Tessera is one of the world's leading technology development and licensing companies. This, in combination with the Shellcase technology and team, will enable us to grow the new business substantially," said Bruce McWilliams, Tessera's chairman and chief executive officer. "Furthermore, it solidifies our position in the wafer-level packaging market for image sensors and MEMS devices, which we believe to be among the semiconductor industry's fastest growing market segments."
According to Prismark Partners, a research firm, the image sensor market is expected to grow from approximately 520 million units in 2004 to approximately 1.3 billion units by 2009. And In-Stat forecasts the MEMS market to grow from 2.4 billion units in 2004 to nearly 6 billion units by 2009.
HERNDON, VA -- A pair of trade groups will discuss implementation and adoption of material composition data exchange
standards at Productronica this month.
IPC and iNEMI will sponsor the meeting, scheduled for Nov. 16 from 9 to noon.
SALT LAKE CITY -- CirTran Corp., a contract electronics
manufacturer, said today that it has obtained marketing and
distribution rights to The Perfect Grill, an electric indoor grill sold
through infomercials in
the U.S., Canada, Japan and South America. The company also obtainted
worldwide manufacturing rights.
CirTran said the agreement, signed last week with Euro-G.E.M GmbH of Aschheim, Germany, is effective immediately.
CirTran-Asia, a subsidiary, already builds the device in China.
CirTran said the agreement, signed last week with Euro-G.E.M GmbH of Aschheim, Germany, is effective immediately.
CirTran-Asia, a subsidiary, already builds the device in China.
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