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https://www.radioradar.net/en/news_of_electronic/ftdi_retrenches.html

FTDI retrenches around USB, spins out other technologies

Looking to provide better service to customers in a range of sectors, 
FTDI Chip has spun out its MCU, graphic controller and interface interests into Bridgetek. The move means that FTDI will now focus on its USB interconnection business.

“By spinning out our MCU and HMI divisions into a new brand, we will be much better positioned, strategically and logistically,” said FTDI’s CEO Fred Dart. “Rather than being too diluted to be truly effective, FTDI and Bridgetek will be able to bring real value to their customers.”

Although its headquarters will be in Singapore, Bridgetek will have offices in Glasgow and Taipei, allowing it to cater to the needs of customers around the world.

Author
Graham Pitcher

Source:  www.newelectronics.co.uk