INDUSTRY INSIDER
Microchip Technology Sells NAND Drive and Other Assets to Greenliant Systems
Microchip Technology has announced the consummation of the sale of certain non-core assets from its Silicon Storage Technology (SST) subsidiary. The product lines sold included NAND Drives, NAND controllers, Smart Card ICs, Combo Memory, Concurrent SuperFlash, Small-Sector Flash and many-time Programmable Flash memories. The buyer, Greenliant Systems Ltd., is a new company founded by Mr. Bing Yeh, the exchairman and CEO of SST. The sale included inventory, equipment, intellectual property and certain other assets and liabilities associated with the product lines. Approximately 100 employees (18% of SST’s work-
force) transferred to Greenliant as part of this transaction. SST also agreed to provide certain transition services to Greenliant for up to 90 days. The terms of the transaction were not disclosed. The transaction involved employees as well as assets in Sunnyvale, California; Hsinchu, Taiwan; and Shanghai and Beijing, China.
GE Intelligent Platforms Integration Program for Commercial and Communications Applications
GE Intelligent Platforms has announced its Premier Integration Program, designed to enable customers to acquire complete, integrated systems while reducing development expense and
minimizing time-to-market. The first two members of the program are Elma Electronic Inc. and NEI, who bring substantial design, development and integration skills and experience to the commercial/MicroTCA and telecommunications/AdvancedTCA markets respectively. Modular system design has become the standard in commercial and telecommunications markets, since this is an effective means to reduce development expense and optimize time-tomarket. These modular systems designs rely on COTS (commercial-off-the-shelf) solutions that can offer leading-edge price/performance while protecting hardware investments; as technology advances, new modules can be plugged in without replacing the entire system. Modularity also encourages the growth of a multivendor ecosystem that increases
competition and decreases costs. However, integrating multi-vendor systems can be difficult, adding risk, time and expense. Elma Electronic and NEI will focus on the North American market. Over time, GE expects to add further affiliates in North America and also in the Europe, Middle East and Africa and Asia Pacific regions. The program may also be extended beyond the commercial and telecommunications markets.
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JUNE 2010 RTC MAGAZINE
6/18/10 10:10:27 AM