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Tower buys US foundry
Published by: Globes
www.globes.co.il
Michal Yoshai
20/05/2008

The firms look to gain from the increased specialty processes they will offer.

Independent specialty foundry Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) has acquired American Stock Exchange-listed Jazz Technologies Inc. (AMEX: JAZ) in an all stock transaction.
Jazz Technologies is the parent company of Jazz Semiconductor, an independent wafer foundry focused on analog-intensive mixed-signal (AIMS) process technologies. Tower and Jazz have complementary businesses, and the combined company will subsequently offer more specialty processes than as separate firms.





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Articles & information compiled and edited by Marianna Shapira
The most complete volume of Israel’s high-tech & venture capital industry. The yearbook includes data on Israeli technology companies, VC investors and more.

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