News | August 2, 2005

Ben Franklin To Invest $150,000 In Ciclon Semiconductor

Lehigh Valley, PA -- The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP) board approved an investment of $150,000 with Ciclon Semiconductor Device Corporation, Bethlehem, Northampton County. Ciclon is located in the Ben Franklin Business Incubator on the Lehigh University campus.

Ciclon Semiconductor designs and markets Laterally-Diffused Metal Oxide Semiconductor Field Effect Transistor (LD MOSFET) semiconductor devices that are used in wireless applications in computer and telecommunications equipment. The Ben Franklin investment will allow Ciclon to study the mechanical, thermal, and electrical reliability properties of a new low-cost, high-performance power semiconductor package.

Once completed, this packaging platform will be used in concert with Ciclon's current proprietary silicon technology.

In April 2005, Ciclon acquired the RF LDMOS Product Line of Agere Systems. With this acquisition, Agere transferred certain research and development and manufacturing assets, and inventory to Ciclon. In addition, Ciclon received licensing rights and the assignment of critical intellectual property and software associated with the product line. The Ciclon team is composed primarily of former Agere Systems management and technologists that have extensive experience in RF and LDMOS product development and production.

BFTP/NEP's goal is to help lead northeastern Pennsylvania to a better economic future by building partnerships that develop and apply technology for competitive advantage.

SOURCE: Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP)