FRANCE - PTV invests in IPDIA

The deal is part of the redevelopment of NXP's facility in Côte de Nacre in Caen, Northwest France. With its patented and PICS technology, IPDIA integrates up to hundreds of passive components in a single silicon die, resulting in so called Integrated Passive Devices (IPD). The market for IPDs is expected to grow 2-3 fold over the coming four to six years leading to a multi-billion dollar market.

IPDIA has its own manufacturing site employing some 90 professionals. The new company will be led by a seasoned team of executives headed by Franck Murray and Laurent Dubos.

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