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Slide #81. Spansion — Microcontroller and Analog Business from Fujitsu
Microcontroller and Analog Business from Fujitsu
Spansion Inc. (NYSE: CODE), a leading innovator of Flash memory solutions, and Fujitsu Semiconductor Limited, a wholly owned subsidiary of Fujitsu Limited, today announced they have executed a definitive agreement for Spansion to acquire the Microcontroller and Analog Business of Fujitsu Semiconductor for approximately $110 million, plus approximately $65 million*1 for inventory. The net impact is expected to be accretive for Spansion in 2013.
Spansion is a designer, manufacturer and developer of embedded systems semiconductors, which include flash memory, microcontroller, mixed-signal and analog products and embedded system-on-chip solutions. Co. provides several parallel and serial NOR flash memory and a select range of lower density NAND flash memory products targeting non-commodity embedded applications. In addition, Co. assists its customers in developing and prototyping their designs by providing software and hardware development tools, drivers and simulation models for system-level integration. Co. also licenses its intellectual property to third parties.
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