This Slide: #97 of 100 |
Slide #97. Cohu, Inc. — Ismeca Semiconductor Holding SA
Acquirer:
Cohu, Inc. (NASDAQ:COHU)
Acquiree:
Ismeca Semiconductor Holding SA
Details:
Cohu, Inc. (NASDAQ:COHU) today announced the completion of its previously disclosed acquisition of Ismeca Semiconductor Holding SA. Ismeca, with headquarters in La Chaux-de-Fonds, Switzerland and major operations in Malacca, Malaysia and Suzhou, China, designs, manufactures and sells turret-based test handling and back-end finishing equipment for ICs, LEDs and discrete components. Ismeca's unaudited sales for the twelve months ended June 2012 were approximately $84 million. The purchase price was $54.5 million plus acquired cash and was funded out of Cohu's existing cash reserves.
Cohu supplies semiconductor test and inspection automation systems (handlers), micro-electromechanical system test modules, test contactors and thermal subsystems, and semiconductor automated test equipment. Co.'s products include: Semiconductor Automated Test Equipment (ATE), which is used for wafer level and device package testing; semiconductor handlers, which are used in conjunction with semiconductor ATE to automate the testing of packaged semiconductor devices; interface products, which include test contactors, probe heads and probe pins; inspection and metrology, which provide improved vision capabilities; Data Analytics, which supports its equipment performance; and spares and kits.
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Buy (3.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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