EPIGAN BECOMES SOITEC BELGIUM N.V. AND STRENGTHENS SOITEC'S PORTFOLIO BEYOND SILICON FOR BOTH 5G RF AND POWER SYSTEMS
Bernin (Grenoble), France, July 1st, 2020 - Soitec (Euronext Paris), an industry leader in designing and manufacturing innovative semiconductor materials, announced today EpiGaN's name change. Soitec's GaN business unit acquired a year ago consolidates the company's portfolio of engineered substrates for RF and power markets.
GaN reinforces Soitec's portfolio beyond silicon
With EpiGaN's acquisition in May 2019, Soitec confirmed its ambition to further extend its portfolio beyond silicon. GaN technologies which are gaining significant traction in RF and power markets, represent a natural strategic fit with Soitec's current portfolio of engineered substrates. Targeting the base stations power amplifiers market in the first place, Soitec also aims to penetrate the smartphones and power automotive markets with GaN products later on. Offering a comprehensive portfolio of silicon and non-silicon based engineered substrates, Soitec is well-positioned to support 5G deployment which is expected to be a strong growth lever. Operating as one of the company's business units for over a year now and benefiting from Soitec's global manufacturing footprint and exposure, the EpiGaN BU is offering its customers access to a worldwide sales and support team network.
"EpiGaN's extensive and widely acknowledged expertise complements Soitec's portfolio beyond our current SOI and POI product portfolio and creates new value-added solutions for both 5G RF and power systems", said Dr. Bernard Aspar, Senior Executive Vice President of Soitec's Global Business Units. "We have already achieved many synergies on the business, technology and operations sides".
EpiGaN has become Soitec Belgium
The integration of the business unit has gone one step further last month with a name change. Since June 1st, 2020, EpiGaN N.V has changed its name to Soitec Belgium N.V. and has embraced Soitec's visual identity, allowing the BU to fully reap the benefits of the Group's ecosystem.
"EpiGaN's advanced expertise in GaN has been enhanced by Soitec's notoriety, giving the BU and its customers access to the Group's manufacturing scale and expertise", said Dr. Marianne Germain, EpiGaN Business Unit General Manager.
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About Soitec
Soitec (Euronext, Tech 40 Paris) is a world leader in designing and manufacturing innovative semiconductor materials. The company uses its unique technologies and semiconductor expertise to serve the electronics markets. With more than 3,500 patents worldwide, Soitec's strategy is based on disruptive innovation to answer its customers' needs for high performance, energy efficiency and cost competitiveness. Soitec has manufacturing facilities, R&D centers and offices in Europe, the U.S. and Asia.
Soitec and Smart Cut are registered trademarks of Soitec.
For more information, please visit www.soitec.comand follow us on Twitter: @Soitec_EN
| Investor Relations: Steve Babureck +33 6 16 38 56 27 +1 858 519 6230 steve.babureck@soitec.com (mailto:steve.babureck@soitec.com) | Financial media contacts: Isabelle Laurent +33 1 53 32 61 51 isabelle.laurent@oprgfinancial.fr (mailto:isabelle.laurent@oprgfinancial.fr) Fabrice Baron +33 1 53 32 61 27 fabrice.baron@oprgfinancial.fr (mailto:fabrice.baron@oprgfinancial.fr) Business media contact: Marie Cabrières +33 6 26 70 12 78 marie.cabrieres@soitec.com (mailto:marie.cabrieres@soitec.com) |
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Soitec is a French joint-stock corporation with a Board of Directors (Société Anonyme à Conseil d'administration) with a share capital of € 66 557 802,00, having its registered office located at Parc Technologique des Fontaines - Chemin des Franques - 38190 Bernin (France), and registered with the Grenoble Trade and Companies Register under number 384 711 909.
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- EpiGaN becomes Soitec Belgium N.V._EN (https://ml-eu.globenewswire.com/Resource/Download/78384be4-3051-433b-8e81-b6056b52541f)
