IFM acquires 30 percent stake in Swiss microchip manufacturer
IFM acquires a minority stake in the Hidensity Group, the sole owner of Biel-based HMT Microelectronic. Together they want to further expand the area of innovation.
HMT belongs entirely to the Hidensity Group, in which the German IFM Group, with 8,100 employees worldwide and an annual turnover of 1.25 billion euros, now has a stake. Hidensity has supported and enabled IFM's participation by selling its shares of 30 percent. The company was founded in 1994 by Andreas Reber and other partners. Reber even describes the step into a joint future with the IFM Group as "completing his life's work".
HMT Microelectronic is the oldest company in Europe that develops Asic designs on a contract basis. Asics are application-specific microelectronic circuits, colloquially known as microchips. HMT specialises in particular in mixed-signal asics (circuits that process analogue and digital signals), modules and microelectronic systems for sensors and actuators. The company, based in Biel, has 42 employees and achieves a turnover in the double-digit million range.
