Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
SPECIAL ANNOUNCEMENT
2016 Photonics Buyers' Guide Clearance! – Use Coupon Code FC16 to save 60%!
share
Email Facebook Twitter Google+ LinkedIn Comments

e2v Acquires QP Semi

Photonics.com
Sep 2008
SANTA CLARA, Calif., Sept. 11, 2008 – QP Semiconductor, a privately held fabless semiconductor company that provides integrated circuits for the military, aerospace and high reliability industries, has agreed to be acquired by e2v, an England-based manufacturer of high technology components and sub-systems.

The acquisition, which is expected to meet shareholder approval and regulatory requirements by Sept. 30, 2008, will serve an expanded global base of customers seeking high-reliability, mission critical components.

With sales of approximately $360 million and 1800 employees worldwide, publicly held e2v is much larger than privately held QP Semiconductor, with sales of about $24 million and 90 employees. Significantly, both firms are solidly profitable with strong balance sheets, and the product portfolios of the two companies are entirely complementary.

“We will continue to operate from Silicon Valley with our existing management team and employees, and our product will continue to be sold under the QP Semiconductor brand,” said John Stannard, QP Semiconductor co-founder and president. “Once the acquisition is completed, the only difference our existing customers should see is a higher level of responsive customer service. We look forward to advancing our manufacturing and re-engineering of very complex circuitry to new levels.”

“The proposed acquisition is an important step for us in establishing an operational footprint in the USA,” said Keith Attwood, e2v’s CEO. “It will increase our market share in the aerospace and defense sector and expand our relationship with contractors to the US Department of Defense.”

For more information, visit: www.e2v.com or www.qpsemi.com 



GLOSSARY
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2016 Photonics Media
x We deliver – right to your inbox. Subscribe FREE to our newsletters.