Diodes Incorporated to acquire Texas Instruments' Greenock wafer fab in Scotland

Diodes Incorporated has entered into an agreement to acquire Texas Instruments' wafer fabrication facility and operation in Greenock, Scotland (GFAB). The facility has a potential capacity of up to 21,666 wafer starts per month.

“The proposed acquisition of GFAB aligns well with our strategic plan for significant revenue and profit dollar growth over the next several years.”sec.gov

• 3 sources
• sec.govdiod-ex991_29.htmFeb 4, 2019
• investor.diodes.comDiodes Incorporated to Acquire Texas Instruments’ Greenock, Scotland Wafer Fabrication Facility and Operations | Diodes IncorporatedFeb 4, 2019
• theregister.comFreedom! Diodes Inc saves Scottish fab from closure in £50m buyoutGareth CorfieldFeb 7, 2019

Summarized from public sources; check the original articles before acting on it.