Business News • MarketWire • Deca Technologies Receives Major Investment for M-Series(TM) Fan-out Growth |
Deca Technologies Receives Major Investment for M-Series(TM) Fan-out Growth |
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Deca Technologies Receives Major Investment for M-Series(TM) Fan-out Growth
TEMPE, AZ--(Marketwired - Sep 1, 2016) - Deca Technologies, a wafer level electronic interconnect solutions provider to the semiconductor industry, announced today the receipt of an additional $51.5 million investment from a leading electronics company. Combined with the previously announced investment from ASE of $60 million, and following the repurchase of $20.6 million of shares held by Cypress Semiconductor Corp., Deca will have approximately $90.8 million to be directed toward development of increased capacity for its M-SeriesT Fan-Out Wafer Level Packaging (FOWLP) and general corporate purposes. ASE and Deca have also consummated a technology transfer and license agreement whereby ASE will install M-SeriesT capacity in its fab in Kaohsiung, Taiwan and the parties will cooperate to scale the technology.
View More : http://www.marketwired.com/mw/release.do?id=2155196&sourceType=3
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