Commodore CSG == ICS??
Richard.Cini at wachovia.com
Fri Jun 17 05:55:14 CDT 2005
The CFO of ICS confirmed that they are not the same building but across
the street. When I went to CSG a few years ago, it was the only semicon
plant in the development that I saw. I would say that ICS is probably in an
uninteresting office building.
If I were closer I would drive by out of curiosity and if I had nothing else
going on that day.
Wachovia Capital Finance
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From: cctalk-bounces at classiccmp.org <cctalk-bounces at classiccmp.org>
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Sent: Fri Jun 17 00:10:21 2005
Subject: RE: Commodore CSG == ICS??
> I saw a news clip this morning about IDT (a semiconductor
> company) buying Integrated Circuit Systems. ICS makes analog and mixed
> signal chips and owns Turtle Beach Sound. The thing that made me
> curious was
> that ICS was located in Norristown, PA. I thought to myself what are the
> chances of there being two semiconductor plants in Norristown PA.
> The first
> successor to Commodore CSG, GMT Microelectronics was also into
> mixed signal
> ICS is located at 2435 Boulevard of the Generals,
> Norristown, PA
> 19403. The Commodore CSG was located at 950 Rittenhouse Road. So, I ran a
> Mapquest on both addresses and it appears they point to the same physical
> location in the Valley Forge Corporate Center at the corner of Rittenhouse
> Road and Van Buren. Hmmm...
> According to the public filings, ICS bought the property in
> 1992, which was before Commodore failed in 1994. And, it's known that GMT
> Microelectronics (now defunct; owned by former CSG engineers and managers)
> bought the old CSG plant in 1996. So, it can't be the same
> there are two semicon plants next door to each other??
> Interestingly the president and CEO, Hock Tan, joined ICS in
> 1994. ICS was incorporated in Pennsylvania in 1976. Prior to joining ICS,
> Hock Tan was Vice President of Finance of Commodore International, Ltd.
> So, I emailed a contact at the Company, but I haven't
> heard back
> yet. Does anyone on the list live near Norristown, PA? It's about a 3 hour
> hike from me, so it's not that easy for me to visit.
I live about 30-45 mins from there. I can take a ride by there Monday or
Tuesday if you want. I am a bit curious about this myself now too.
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