Rochester,NY 8/26/2009 9:53:21 PM
Tower Semiconductor Ltd. TSEM, and Jazz Semiconductor, Inc. Join Forces With SVTC Technologies To Expand MEMS Aerospace And Defense Customer Base
Tower Semiconductor Ltd.
Tower Semiconductor Ltd. and its fully owned U.S. subsidiary Jazz Semiconductor, Inc. announced that they have signed a Memorandum of Understanding (MOU) with SVTC Technologies that will expand Tower and Jazz's Aerospace and Defense (A&D) MEMS customer base while providing SVTC's A&D customers with access to select Jazz technology and U.S. manufacturing facilities.
The collaboration will make possible the integration of advanced CMOS with existing RF and mixed-signal devices, enabling multiple functions on a single piece of silicon in A&D applications such as aircraft radar and communications devices, among others.
Under the agreement, elements of Jazz's MEMS friendly CMOS baseline will be made available to SVTC A&D customers to facilitate the insertion of new modules into a proven CMOS flow.
In addition, Jazz will make available components of its design enablement infrastructure to facilitate SVTC customers early design activity. In addition, the companies will implement a fast transfer methodology to allow Jazz customers to perform R&D at SVTC and provide SVTC customers a fast path to production at Jazz.
About Stock Einstein
StockEinstein uses proprietary technologies coupled with years of experience to uncover stocks we feel have the greatest potential for breakout performance. We utilize not only software, but time tested criteria to uncover these potential winners. When these benchmarks are reached or exceeded, our subscribers are immediately notified.
This service is free and available only to subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
Disclaimer: Full disclaimer at http://StockEinsteain.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinsteain, nor any of its affiliates are registered investment advisors or broker dealers.