Date: 03/11/2008

NXP Semiconductors is selling its Integrated Passive Device (IPD) business

NXP Semiconductors, is employing ATREG, the semiconductor sales division of Colliers International, to sell its Integrated Passives Device business (IPD) and related operational 150mm semiconductor manufacturing facility in Caen, France.

The offering involves a full array of proven patents and IP, the existing business and technology development team and the R&D excellence center. The IP and patents center around integrated passive device (Passive Integrated Circuits) products that have direct applicability with cell phones, handheld devices but also professional devices to bring performance, miniaturization and IP protection as well as cost reduction.
"NXP is willing to sell its Integrated Passives Device business along with the manufacturing operations. NXP is already a leader in this growing multi-billion dollar market and a purchase of the business would allow a buyer to instantly gain a substantial foothold in the marketplace," said Stephen Rothrock, Colliers Senior Vice President and Managing Director of ATREG.