Cree to Acquire Intrinsic for $46 MillionJune 26, 2006...Cree Inc. of Durham, North Carolina USA, a silicon carbide technology development
pioneer, has signed a definitive agreement to acquire Intrinsic Semiconductor,
a developer of low defect density silicon carbide (SiC) substrates. Under the
terms of the agreement, Cree will acquire all of the outstanding Intrinsic capital
stock and options, valued at about $46 million. About $43.5 million of that
total will be paid in cash for the outstanding stock. The remainder will be
paid through the assumption of outstanding Intrinsic stock options. Cree anticipates
that the acquisition, which includes Intrinsic’s technology for low defect
SiC wafers, will speed up the development of larger, high-quality SiC wafers
for high-power semiconductors and lower cost LEDs (Ref: Coverage).
"Intrinsic has developed the first commercially available, zero micropipe
SiC substrates using their ZMP (zero micropipe) technology. We believe the combination
of Cree's technology and manufacturing expertise with Intrinsic's ZMP technology
will accelerate the commercialization of low-defect 100mm and 150mm substrates.
These substrates should not only support our cost roadmap for LEDs, but more
importantly, they should also enable us to more rapidly commercialize higher-power
devices for motor-control applications and hybrid vehicles," stated
Chuck Swoboda, Cree's chairman and CEO. (Ref: Coverage
of hybrid vehicle market). Cree
News Release JDSU Test Lab First to Receive Verizon’s FOC Testing Certfication CompoundSemi News StaffJune 26, 2006...Optical communications component maker and tester, JDSU reported that its test
lab in Shenzhen, China is the first manufacturing test lab in Asia to be certified
for Verizon’s Fiber Optic Component (FOC) testing program. JDSU’s
Reliability Engineering Test Lab can now test fiber optic assemblies and connectors
to confirm that new products being introduced to Verizon's Fiber-To-The-Premises
(FTTP) network are compliant with industry standards and meet Verizon’s
reliability and quality requirements. Verizon’s certification allows JDSU
to perform in-house FOC testing when witnessed by an approved Verizon independent
testing laboratory (ITL). JDSU says this will allow them to deliver optical
communications components more cost-effectively and with improved product life
cycle times. Company
News Release Vitesse Arranges More Financing CompoundSemi News StaffJune 26, 2006...Vitesse Semiconductor of Camarillo, California USA, reports finalizing its
barrowing arrangements for a loan of $52 million from affliates of Tennenbaum
Capital Partners, LLC. The company added about $30 million to the previously
disclosed loan agreement with Tennenbaum Capital Partners of $22 million on
June 7, 2006. "The completion of the financing is a meaningful step
in addressing some of the market's concerns about the company,” said
Chris Gardner, CEO of Vitesse. "We believe this to be an important
step to executing on our strategic plan and appropriately leveraging our technology
platforms for the future." Vitesse
News Release
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June 26, 2006...Avago, one of the largest privately held semiconductor companies in the world,
has introduced the first in a series of 1-watt, high-power LED packages using indium gallium nitrride technology (InGaN) for
portable and architectural lighting. The ASMT-MX00 boasts more reliability,
brighter illumination, and easier installation than competing products for products
such as reading lamps, flashlights, and architectural and garden lighting. Content continues for LIGHTimes SecondPage members... Sony Releases Movie Titles, Player, and Computer for Blu-ray Discs CompoundSemi News StaffJune 21, 2006...Sony Pictures Home Entertainment of Culver City, California USA, delivered
the first of seven Blu-ray disc titles on June 20. At the same time, Samsung
Electronics released the first commercially available Blu-ray Disc player, and
Sony released a Blu-ray compatible VAIO PC. The Blu-ray DVD is named for the
color of the laser used to decode the disks. Blue solid state lasers use nitride-based
diodes. So the coming of the next generation DVD technology is eagerly anticipated
in the compound semiconductor industry. Company
News Release Veeco Co-Sponsors MBE Awards; Seeks NominationsJune 21, 2006...Veeco Instruments Inc. will co-sponsor two MBE awards this year—the Al
Cho Award and the MBE Innovator Award. According to the company both awards
recognize individuals who have made significant advances in molecular beam epitaxy
(MBE) through their innovations. Each award consists of a monetary honorarium
and an engraved plaque. The company is seeking nominations for the awards. The
Al Cho Award was initiated in 2003 and cosponsored by Veeco and other members
of the MBE community. It will be presented in early September at the International
MBE conference in Tokyo, Japan. The fast-approaching submission deadline for
this award is July 1, 2006.
The MBE Innovator Award was also initiated in 2003. It is co-sponsored by Veeco
Instruments Inc. and the North American Molecular Beam Epitaxy (NAMBE) organization.
The award will be given at the North American Conference on Molecular Beam Epitaxy
at Duke University in Durham, North Carolina. The submission deadline for this
award is September 1, 2006. According to Veeco, award nominations for both awards
are open to all universities, government organizations, or commercial companies
worldwide. Nominees must have shown or are currently showing innovation in advancing
MBE technology. NAMBE and International MBE Advisory Committee Officials will
select each organization’s winner from the submitted nominations. Veeco
News Release Spire Named Among Top 100 Nanotechnology Companies CompoundSemi News StaffJune 21, 2006...Spire Corporation, a maker of efficient solar cells, optoelectronic components,
and provider of III-V epitaxial service, has been named one of the 100 leading
public nanotechnology companies by the International Association of Nanotechnology.
The criteria included: (1) current involvement in R&D, manufacturing, and
marketing of nanotechnology products and services; (2) intellectual property
position in nanotechnology; (3) advanced engineering processes in nanotechnology
and nanoscale manufacturing and production; (4) impact in the marketplace; (5)
sales and revenue derived from nanotechnology products or services. While company’s
nano-structured coatings and surface treatments go into thousands of medical
implants, its their work in solar energy and the growth of nano-scale semiconductor
epitaxial structures that is of interest to CS News readers. Company
News Release Cree Demonstrates 131 Lumens/Watt White LED LIGHTimes StaffJune 21, 2006...Cree, announced that its 20 mA white LED prototype has achieved an independently
verified 131 lumens/watt with a correlated color temperature of 6027 K. Cree
previously achieved 100 lm/watt with their LEDs in February 2005 and has raised
the benchmark 31 percent. (Ref: Coverage).
The measurement of the Cree's white EZBright LED chips was confirmed by the
National Institute of Standards and Technology in Gaithersburg, Maryland. "This is the highest level of efficacy that has been publicly reported
for a white LED and raises the bar for the LED industry," said Scott
Schwab, Cree general manager, LED chips. Content continues for LIGHTimes SecondPage members... HB LED Market Growth Slower But Healthy, Says Strategies Unlimited LIGHTimes StaffJune 20, 2006...Strategies Unlimited of Mountain View, California USA, reports that the high
brightness LED market which once had the astonishing annual growth rate of 46
percent per year, only grew 6.2 percent in 2005. The reasons the research firm
cited for the slowing growth include: over capacity among Asian Manufacturers
leading to price erosion and the saturation of the mobile phone market for full
color displays. The mobile appliance market still accounted for 52 percent of
the HB LED market in 2005, according to Strategies Unlimited. The company said
that all other HB LED applications grew at a very healthy rate of 18 percent
for 2005. The company expects a more modest annual growth rate of 15 to 20 percent per
year for the HB LED market for the next five years. Content continues for LIGHTimes SecondPage members... Aviza Ships ALD Tool to DRAM Maker CompoundSemi News StaffJune 19, 2006...Aviza Technologies of Scotts Valley, California USA, a provider of semiconductor
equipment and processing technology, reports the deployment of its atomic layer
deposition (ALD) system, Celsior, to a large, undisclosed DRAM supplier based in
Europe. The company says it has shipped many other ALD systems in recent months
to companies in: Taiwan, China, and Europe. Aviza contends that the Celcior
lowers the cost of ownership by increasing throughput, lowering chemical consumption,
and extending the process window. "Aviza's Celsior ALD system offers
the critical hardware and process capabilities demanded by this very precise
deposition technology to satisfy chipmakers' stringent production requirements
for 90-nm and below geometries," said Subrata Chatterji, Vice President
and General Manager, ALD Business Unit of Aviza Technology, Inc. Company
News Release Veeco Gets MBE System Orders CompoundSemi News StaffJune 19, 2006...Veeco Instruments Inc., a molecular beam epitaxy (MBE) equipment maker located
in Woodbury, New York USA, reported receiving orders for two of its Gen200 MBE
systems. IPG Photonics of Oxford, Massachusetts, plans to use the system to
produce high-quality GaAs-based lasers. The second order for the system came
from an undisclosed multi-billion dollar electronics manufacturer which plans
to collaborate with Veeco in developing technology for oxide film deposition.
The collaboration will take place at Veeco’s St. Paul, Minnesota MBE Process
Integration Center (PIC). The process development will run parallel to the manufacturing
of the identical system that will be delivered to the customer upon completion.
“These orders signify further adoption of Veeco’s cluster-based
systems for production applications. Our PIC provides customers with the unique
ability to qualify production processes scaled from research systems and to
work together to expand MBE technology to new materials and substrates,”
commented Jeffrey Hohn, vice president, and general manager of Veeco MBE Operations.
Veeco
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