Russia's acquisition of AMD secondary IC production plant output value of $1 billion

November 10th news, Russian microelectronics market the biggest deal is brewing.

According to foreign reports, ZelenogradAngstrem will AMD to buy the factory for the production of microchips in Germany, and returned to russia. Analysts estimate that the size of the transaction will reach 250 million -3 billion.

AMD branch in Russia yesterday confirmed the news of the deal, but refused to disclose more detailed information. But a person familiar with Angstrem's boss, who declined to be named, disclosed details of the deal. Allegedly, ZelenogradAngstrem will get AMD in the Dresden chip factory equipment, these devices can produce 12 million per year using a 0.13 micron process chip.

A senior representative of associated with the transaction agency said, these devices will be removed, and then installed in the Southern Industrial Park is located in the Zelenograd factory. The annual output value of the new plant will reach $1 billion.

The sources pointed out that the high-end products in Angstrem products will be exported, the next few years, the project budget will increase to $700 million. Angstrem's boss and top management did not comment on the news.