Given Imaging and Micron Technology announce long-term agreement

Jan. 13, 2003
JANUARY 13--Given Imaging Ltd. (Yoqneam, Israel; www.givenimaging.com) and Micron Technology Inc. (Boise, ID; www.micron.com) have entered into an agreement whereby Micron will develop and supply current and next-generation CMOS image sensors to Given Imaging.

JANUARY 13--Given Imaging Ltd. (Yoqneam, Israel;www.givenimaging.com) and Micron Technology Inc. (Boise, ID; www.micron.com) have entered into an agreement whereby Micron will develop and supply current and next-generation complementary-metal-oxide-semiconductor (CMOS) image sensors to Given Imaging. Micron's CMOS image sensors are used in Given Imaging's M2A capsule endoscope. The five-year, mutually exclusive development and supply agreement includes the option of five one-year extensions, subject to approval by both parties. Given has been a valued customer of Micron since 2001.

"Micron's leadership in process technology will enable us to incorporate next generation CMOS image sensors, promoting Given's leadership in non-invasive gastrointestinal imaging technology," said Gavriel Meron, president and CEO of Given Imaging.

"The M2A capsule endoscope is a unique technology and a great example of the broad utility of our CMOS image-sensor product line and our commitment to emerging markets. We are pleased to build on our relationship with Given Imaging and look forward to a long working relationship with them," said Steve Appleton, chairman, CEO and president of Micron Technology.

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