ROODMICROTEC N.V. INTENDS TO ISSUE BOND LOAN WITH
MORTGAGE COVER OF EUR 2,500,000 THROUGH NPEX
Strategy
RoodMicrotec’s strategy is aimed at expanding and strengthening the organisation and at
strengthening its market position. The company also wishes to have sufficient resources to
respond to and profit from two major trends:
- Outsourcing
- Collaboration with (financial) partners (co-financing) and customers
Outsourcing
Medium-sized companies are increasingly working together in order to raise their joint services to
a higher level so as to better combat competition from Asian countries. Major companies, usually
Original Equipment Manafucters (OEMs), who still develop customer-specific ASICs or other chips
in-house, are increasingly outsourcing this work to independent service providers like
RoodMicrotec.
This creates a win-win situation. It enables OEMs to focus on their core activities, while it can also
yield significant cost savings, quality improvements and a shorter time-to-market. The projects
outsourced to RoodMicrotec run for several years, providing us with a solid base and more
predictable sales. Equipment taken over from an OEM in the context of outsourcing projects can
also be used for other customers in the market, which will further boost sales.
This outsourcing trend is expected to continue.
Collaboration with (financial) partners (co-financing) and customers
Collaboration with customers, but also with partners, including financial partners, is key for
RoodMicrotec. The entire semiconductor industry is dependent on collaboration within the
production chain. In this context, RoodMicrotec enters into various partnerships with its
customers, and in the area of design with its design partners, which include knowledge institutes
like universities and technical colleges, the Frauenhofer Institute, IMEC, technology partners,
suppliers and government authorities.
The continuing lending restraint among banks is holding back the development of healthy fabless
companies (FCs) with proven track records. In order to force a breakthrough, RoodMicrotec has
set up schemes with partners to facilitate raising financing for healthy projects, in particular of
FCs. With this approach, RoodMicrotec aims to boost the development of FCs and also to improve
its sales and market position.
Bond loan with mortgage cover
RoodMicrotec believes it is necessary to further optimise its financial structure in order to better
respond to the trends described above and get access more easily to certain market segments
and therefore be able to better realise its growth objectives. For this reason, RoodMicrotec
intends to attract additional financing with a maximum of EUR 3,000,000 with mortgage cover.