Semiconductor Facility Closures:
Multiple Locations | Europe

The Client

A leading global semiconductor organization that designs and manufactures graphics processing units (GPUs) and system on a chip units (SOCs) for several industrial sectors including mobile computing and the automotive industry.

The Challenge

The client presented EquipNet with an aggressive requirement to clear multiple facilities of surplus Electronic Test and Measurement equipment. With only a few months until the mandatory deadline, EquipNet had to act fast. The client needed to adhere to its deadline, as well as maximize its financial return through equipment sales.

The Solution

EquipNet’s specialists included the following services for a comprehensive solution to the client’s asset management needs.

•Project Management                       •Individual Asset Sales
•Site Closure Management              •Onsite Inventory
•Worldwide Logistics                        •Global Consignment
•Dedicated Online Auction              •Sealed Bid Sales
•Electronic Recycling

The Result

Despite some challenging obstacles that were overcome, EquipNet was able to adhere to the client’s deadline as requested. In total, EquipNet provided the client with four auction events and over one hundred private sales. EquipNet helped the client sell over 2,500 pieces of equipment, and the client received a multi million GBP financial return from the equipment sales.

Highlights
Number of Assets
2,500+

Sales Proceeds
Multimillion Dollar Sales Results

Equipment Categories
Electronic Test and Measurement Equipment

Services
Project Management
Site Closure Management
Dedicated Online Auction
Worldwide Logistics
Onsite Inventory

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