Cypress acquires CMOS sensor firm

June 22, 2004 – Cypress Semiconductor Corp., San Jose, CA, has agreed to acquire FillFactory NV, a Belgium-based developer of active-pixel CMOS image sensor technology, for $100 million in cash.

The company, a spin-off of the IMEC research center, focuses on products with large numbers of pixels and large areas, high frame rates, and high dynamic range; its products include sensors for digital cameras, high-speed scientific image analysis, and medical and aerospace applications.

FillFactory reported a pretax profit of $1.3 million on sales of $6.0 million in its calendar first quarter. The deal bolsters Cypress’ IP for MEMS and image-processing capabilities in its silicon light machines subsidiary, according to president and CEO T.J. Rodgers. It also will boost the company’s sales in the cell phone and automotive markets, and expand operations into Japan and Asia-Pacific, added Tony Alvarez, executive VP of memory products

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