The Freescale Semiconductor Inc. fab in East Kilbride, Scotland, which ceased chip production two years ago, has been sold, according to a statement issued Wednesday (Aug. 17) by firms that facilitated the sale.
The East Kilbride Campus, which ceased production in 2009, was acquired by Clowes Developments (Scotland) Ltd., an Edinburgh-based real estate developer. Financial details of the transaction were not disclosed.
Freescale has maintained R&D and other activities at the East Kilbride site since the fab ceased production in 2009.
Under the terms of the deal, Clowes acquired Freescale’s enitre 800,000-square-foot facility located on 26 acres of land. Freescale will lease back from Clowes 70,000-square-feet of office space for research and development, applications engineering, systems architecture and product engineering.
Clowes’ plans for developing the site are not immediately known.