Elmos Semiconductor AG - Special Call Transcript
Good morning, ladies and gentlemen, and welcome to the Elmos Semiconductor AG conference call regarding the ad hoc release concerning the signed agreement to sell SMI. (Operator Instructions)
Let me now turn the floor over to your host, Dr. Anton Mindl, CEO.
Very good morning, ladies and gentlemen, also from my side. As already announced, it's about our ad hoc news that we issued after market close on Friday about the signing of the agreement to sell SMI. Dr. Schneider and myself will host the call together. If I would have to put a headline over it, I would say maybe a long journey comes to a good end, might fit not too bad.
SMI has been acquired in 2001. The strategic idea was to create additional value for Elmos IT Solutions. And Elmos IC plus some end device from SMI should be more value to our customers and should create more opportunities to grow. The marketing name in those years was ASIC Plus. And in the course of the years, quite a few successful projects
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