SkyWater acquires specialty foundry business

The customer relationships were already being serviced within SkyWater's 200mm semiconductor wafer manufacturing facility when purchased from Cypress earlier this year. Through the transaction, SkyWater assumes ownership of Cypress' current embedded specialty foundry customer engagements and adds associated business management personnel.

As part of the assignment, which closed October 2, SkyWater will now have direct responsibility for all specialty foundry customers, eliminating the prior Cypress interface. The same team will continue working with all existing customers, the only difference being that they are now SkyWater employees.

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