Spansion Files Registration Statement For Initial Public Offering
SUNNYVALE, CA --
Spansion, the flash memory venture of AMD (NYSE:AMD) and Fujitsu (TSE:6702), today announced it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its class A common stock. The number of shares to be offered and the estimated price range for the common stock have not been determined.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Spansion, the Flash memory venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to developing, designing, and manufacturing Flash memory products. In fiscal 2004, Spansion’s total net sales were approximately $2.3 billion. The company offers the broadest NOR Flash memory portfolio in the industry, for use in the wireless, automotive, networking, telecommunications and consumer electronics markets. The company’s portfolio is supported by a worldwide network of advanced manufacturing facilities; system-level expertise and dedicated design support; and an unwavering commitment to our customers’ success.
Spansion, the Spansion logo, and combinations thereof, are trademarks of Spansion LLC. AMD is a trademark of Advanced Micro Devices, Inc. Other names used are for identification purposes only and may be trademarks of their respective owners.