Germany’s X-Fab Acquires Sizable Share of MEMS Foundry Company

X-Fab deal expands its MEMS capabilities to augment existing foundry services

X-Fab purchases 25.5% share of MEMS Foundry Itzehoe GnH (MFI), with an option to become majority shareholder in the future. MFI is a spin out venture from the Fraunhofer Institute for Silicon Technology. MFI will now receive access to X-Fab’s advanced analog and MEMS device manufacturing techniques. X-Fab announced earlier its plans to expand its 8-inch MEMS center.

TechConnect News Note: MEMS Foundry Itzehoe GnH was selected to present at the 2010 TechConnect Summit Venture Forum on June 24 in Anaheim, CA, US. To view their executive summary, visit: http://www.techconnectworld.com/Summit2010/a.html?i=40185.

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