X-FAB Silicon Foundries and MEMS Foundry Itzehoe GmbH (MFI) announced this week they will join forces to address the market for high-volume MEMS fabrication and will combine their existing MEMS foundry capabilities and resources. X-FAB acquired a 25.5-percent shareholding of MFI, subject to antitrust approval, with the option to become the majority shareholder at a later date. X-FAB said that it is targeting sales of $50 million per year through this partnership.
