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AMI acquired Flextronics chip unit


Wednesday, June 15, 2005 AMIS Holdings Inc., the parent company of AMI Semiconductor, said that it has acquired the semiconductor division of Flextronics Inc. for $135 million in cash.

Flextronics Semiconductor, which had been on the block for some time, specializes in custom mixed-signal products, imaging sensors and digital ASICs, including FPGA conversion products.

The proposed sale includes these three divisions, which employ approximately 200 people in the United States, the Netherlands and Israel.

By: DocMemory
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