MEMS foundry Silex Microsystems acquires 200mm wafer fab from Elmos Semiconductor

The companies this week signed a sale and purchase agreement (SPA) to transfer the Elmos wafer fabrication at the Dortmund location to Silex. Elmos will sell its wafer fabrication activities in Dortmund for a net purchase price of 85 million Euro. The purchase incorporates a supply agreement under which Silex will continue the current wafer manufacturing, operating as an independent foundry supplying CMOS wafers to Elmos. The closing of the transaction is expected to take place in the second half of 2022 and is subject to customary closing conditions and regulatory approvals.