IQE, a supplier of advanced semiconductor wafer products and services, is to acquire the Molecular Beam Epitaxy wafer manufacturing unit of RF Micro Devices (RFMD) headquartered in the US. The deal provides Cardiff-based IQE with a fully furnished epi manufacturing plant, including 16 operational MBE tools. The assets being transferred to IQE include a fully-fitted cleanroom of more than 90,000ft2, 16 MBE manufacturing systems and equipment, all housed in a 135,000ft2 stand-alone building in Greensboro, North Carolina. The value of the transferred assets is approximately US$27m (€21.38m).
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