Diodes Incorporated Completes Acquisition of APD Semiconductor

Diodes Incorporated announced earlier today that the acquisition of APD Semiconductor has been successfully completed.

APD Semiconductor, Inc. is headquartered in Redwood City, California, with a design center in Seattle, Washington, and a sales, application, and administration center in Taipei, Taiwan. APD Semiconductor’s main product focus is its patented and trademarked Super Barrier Rectifier™ (“SBRTM”) technology. Utilizing a low cost IC wafer process, the Super Barrier Rectifier™ technology uses a MOS cellular design to replace standard traditional Schottky or PN junction diodes.

“We are excited about the APD acquisition as we continue our strategy of strengthening Diodes’ technology leadership in the discrete semiconductor market and expanding our product capabilities across important segments of our end-markets. For 2007, we project the revenue generated from the APD product line to exceed the purchase price, and that the acquisition will be accretive to Diodes bottom-line.” -Dr. Keh-Shew Lu, President and CEO of Diodes Incorporated

Pamir Law Group acted for Diodes Incorporated in all Taiwan-related aspects of the transaction.