Wednesday, May 28, 2014

Aptina Buys CFA Manufacturing Assets from Micron

Business Wire: Aptina is to acquire CFA processing and probe imaging assets from Micron. In addition, Aptina will lease from Micron the Nampa, Idaho fabrication facility known as Fab 9D where the CFA processing is located. The purchase is expected to close in Q3 2014.

"Our growing revenues and strong financial position have enabled Aptina to purchase these assets and add great people which gives us a strategic advantage in the marketplace," said Phil Carmack, CEO of Aptina. "Our ability to tightly integrate the entire R&D cycle accelerates innovation and enables us to uniquely support our customers."

"The operating advantages of this deal will flow directly to the bottom line," said Tony Alvarez, Chief Operating Officer of Aptina. "The ability to innovate, such as we have done with Aptina Clarity+ technology, and customize CFA will drive growth opportunities in all of our market segments including automotive, mobile and surveillance."

Aptina's blog also publishes Q&A session with Tony Alvarez, COO, Jeff Mendiola, VP of Operations, and Terry Gilton, VP of Advanced Technology, with more details on the acquisition:

Question: Could you share an example where these capabilities help Aptina innovate?
Terry: The best example of Aptina’s prowess in the pixel optical stack development is (Aptina) Clarity+ technology. We would have not succeeded with this program without being very closely involved in the CFA process development and materials evaluations. For the future there are some very unique ideas that we can realize quickly with the CFA/ML teams like super small pixels, new color/material combinations, uniformity improvements and a few others that we don’t want anyone to know about yet!

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