SAN JOSE, CA – Atmel Corp. has completed the sale of its wafer fabrication facility in Heilbronn, Germany to Tejas Silicon Holdings Ltd. (TSH). UK-based TSH will absorb approximately 260 fabrication and support employees. As part of an aggressive transformation plan to increase its competitive position, the sale leaves Atmel with two manufacturing facilities.

“Atmel continues to increase its focus on and investment in its high-growth, high margin proprietary product lines. We have already divested or shut down 14 non-core product lines, while consolidating or streamlining others. In addition, we have divested or closed three wafer fabrication facilities as we implement our fab-light strategy. We look forward to continuing to build on this momentum,” says Steven Laub, CEO.

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