Twin Cities Tech Executives Buy Cypress & Form SkyWater Technology

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Screen Shot 2017-03-31 at 8.24.37 AMBy Alex Van Abbema, Star Tribune

“A group of Twin Cities technology executives, backed by a local investment group, bought Cypress Semiconductor Corp.’s wafer and chipmaking plant in Bloomington, forming a new company that hopes to expand its production.

The plant, a few blocks south of the Mall of America, will continue to produce wafers for Cypress and serve as a foundry, or contract manufacturer, of chips for about a dozen other companies. It employs about 400 people.”

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