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Dynex semiconductor

A semiconductor business was opened in Lincoln by AEI Semiconductors in 1956 manufacturing some of the first silicon based semiconductor components in the world. As a result of various mergers and acquisitions in the electrical engineering industry, the business would later operate under the names of Marconi Electronic Devices, GEC Plessey Semiconductors and Mitel Semiconductors. In 2000, Dynex Power Inc., a small, publicly quoted Canadian company, formed Dynex Semiconductor Ltd to purchase the assets of Mitel Semiconductors. Following the acquisition, Dynex Power's operations in Canada were closed down and now all operations of the Dynex Group are carried out in Lincoln as part of Dynex Semiconductor Ltd.

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