Chipworks to Acquire Integrated Circuits Engineering - ICE - Corporation: Move Makes Chipworks the World Leader in Reverse Engineering Services.Business Editors OTTAWA--(BUSINESS WIRE)--Oct. 31, 2000 Chipworks Inc., a world class leading supplier of reverse engineering services, today announced that it has signed a letter of intent to acquire Integrated Circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for Engineering Corporation (ICE), the process analysis market leader. The integration of ICE will make Chipworks the worlds largest reverse engineering company serving the microelectronics microelectronics, branch of electronic technology devoted to the design and development of extremely small electronic devices that consume very little electric power. market. "This acquisition combines Chipworks' dominant position in circuit analysis with ICE's strong process analysis capabilities. Furthermore, the combined resources of in-house In-house In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. talent and equipment, will allow Chipworks and ICE to offer their customers and prospects a best in class product and services portfolio," said Chipworks' President, Terry Ludlow. Together Chipworks and ICE will bring immediate benefits to their clients. The two companies have strong service and product synergies in reverse engineering and complementary customer bases. In addition to increased engineering capacity, Chipworks will be able to offer is clients new business opportunities in the areas of training, market research, and technical consulting. "The combination of ICE and Chipworks will allow us to accelerate our growth in the reverse engineering market. As part of Chipworks, we gain advantages from its solid reputation in circuit analysis and additional intellectual property support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , its strong financing capabilities, and broader geographical presence," stated Wally wally Noun pl -lies Brit slang a stupid or foolish person [from the name Walter] Noun 1. Raisanen, President, ICE. "Chipworks has just completed its fiscal year end and achieved its highest ever revenues. In addition, this year we opened offices in Japan and Poland. With the acquisition of ICE, we will continue to strengthen our overall global position and commitment to delivering first class services to our international clientele," claimed Mr. Ludlow. Chipworks expects the ICE acquisition to be finalized See finalization. by the end of November 2000. About Chipworks Chipworks is a internationally recognized technical services company that analyzes the circuitry and physical composition of semiconductors chips and electronics systems for applications in intellectual property licensing, competitive study, and reliability assurance. Chipworks' technical experts use sophisticated lab facilities and a rich library of in-house semiconductor data to conduct detailed analyses of a wide selection of chip types. Chipworks develops high value, meticulously me·tic·u·lous adj. 1. Extremely careful and precise. 2. Extremely or excessively concerned with details. [From Latin met researched, on time reports presented in a format that is easy to understand and tailored to customer needs. Chipworks exports more than 95% of its business to semiconductor manufacturers and users worldwide. Clients use our services to keep informed of product innovations and to support their intellectual property initiatives in semiconductor technology. Chipworks can be visited via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at www.chipworks.com. About ICE Founded in 1964, Integrated Circuit Engineering Corporation (ICE) is one of the most experienced organizations responding to the challenges faced by the semiconductor industry. Located in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as " , ICE's staff of over 30 dedicated professionals is comprised of individuals with experience covering all aspects of the semiconductor industry. ICE offers an unparalleled breadth of industry experience to wafer (1) A small, thin continuous-loop magnetic tape cartridge that has been used from time to time for data storage and specialized applications. (2) The base unit of chip making. It is a slice taken from a salami-like silicon crystal ingot up to 12" (300mm) in diameter. fab-based companies, semiconductor designers, and capital equipment suppliers. In addition, their global market analysis capability provides solutions, training, and strategies that clients have come to depend upon year after year. ICE can be visited via the Internet at www.ice-corp.com. |
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