Product category: Analogue and Mixed Signal ICs
News Release from: National Semiconductor
Edited by the Electronicstalk Editorial Team on 17 March 2005
National to sell off PC Super I/O
business
National Semiconductor has agreed to sell its PC Super I/O business to Winbond Electronics Corp, based in Taiwan.
National Semiconductor Corp has signed a definitive agreement to sell off its PC Super I/O business to Winbond Electronics Corp, based in Hsinchu Science Park, Taiwan The sale is consistent with National's ongoing programme to maximise resources and support for the company's analogue businesses
This article was originally published on Electronicstalk on 5 Jan 2001 at 8.00am (UK)
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Within National, this business is referred to as the Advanced PC Division.
Pursuant to the agreement, Winbond will acquire intellectual property, assets and approximately 150 employees, most of whom are based at National's research and design centre in Herzlia, Israel.
The PC Super I/O business unit's flagship products include the Safekeeper Trusted I/O desktop and notebook devices, keyboard controllers and server I/O devices.
This business accounts for approximately 4% of National's current quarterly revenues.
"This sale benefits both companies", said Brian L Halla, National's Chairman, President and CEO.
"National is committed to focus on its core analogue portfolio".
"Winbond, meanwhile, is well positioned to leverage our digital and mixed-signal IP with their established line of products for the computer, laptop and server markets".
"National's Advanced PC Division will be a tremendous addition to our company and accelerate our ability to deliver high-end mixed signal, I/O and advanced system solutions to our customers", said Arthur Chiao, Chairman of Winbond.
The sale is expected to close during the fourth quarter of fiscal 2005.
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