Advantest Acquires R&D Altanova
October 29, 2021 | GlobeNewswireEstimated reading time: 1 minute
Leading semiconductor test equipment supplier Advantest Corporation has announced that it has entered into an agreement to acquire US based R&D Altanova, Inc.
R&D Altanova is a leading supplier of consumable test interface boards, substrates and interconnects for high-end applications, offering simulation, design, layout, fabrication and assembly of test interface boards which are used by testing equipment in the testing of advanced integrated circuits.
As process nodes continue to shrink, and device complexity grows, advanced capabilities of testing devices are becoming increasingly important to manufacturers of semiconductors for high-end applications, such as 5G, IoT and cloud computing. R&D Altanova has a long history of successfully innovating solutions for high-performance and high-density printed circuit boards to address the growing needs of advanced testing systems. In combination with Advantest’s test equipment, these solutions will provide enhanced end-to-end test solutions and bring advanced printed circuit board manufacturing capability to the Company.
Advantest President and CEO Yoshiaki Yoshida commented, "This acquisition is part of our medium- to long-term growth strategy to expand our test and measurement solutions across the continuously evolving semiconductor value chain. R&D Altanova's engineering and manufacturing capabilities, excellent customer base, and first-rate technical team will complement our semiconductor test equipment business. We hope to accelerate the growth of R&D Altanova's business by leveraging our global customer base and production process expertise. I am confident that our customers will be very interested in the high-precision, end-to-end test solutions we will be able to offer as a result of adding R&D Altanova products to our portfolio. To that end, we plan on expanding R&D Altanova’s manufacturing footprint in the US to meet an expected increase in demand by our US customers. In addition, R&D Altanova's business is directly linked to our goal of strengthening our recurring business, so I believe that the acquisition will also contribute to diversifying and stabilizing our earnings base.”
R&D Altanova, which is headquartered in South Plainfield, New Jersey, will become a wholly-owned subsidiary of Advantest America, Inc., Advantest’s U.S. subsidiary. The closing of the transaction is tied to regulatory approvals, which we expect in the fourth calendar quarter of 2021.
The financial advisors on this acquisition were GCA Advisors, LLC, and the legal advisors were Stoel Rives LLP and Skadden, Arps, Slate, Meagher & Flom LLP.
Suggested Items
SEMI Applauds CHIPS Program Office Progress to Diversify U.S. Semiconductor Industry Workforce
04/18/2024 | SEMIThe SEMI Foundation, the arm of SEMI dedicated to supporting economic opportunity for workers and the sustained growth of the microelectronics industry by creating pathways and opportunities for job seekers, applauded strides made by the CHIPS Program Office to diversify the U.S. semiconductor industry workforce and its release of the First Annual Report Regarding the Opportunities and Inclusion Activities Undertaken by the Department of Commerce.
Aspocomp’s Q1 Net Sales and Operating Result Decreased YoY
04/18/2024 | AspocompInflation and interest rates, weak economic development, the uncertainties posed by Russia’s war of aggression and the situation in the Middle East, and global trade policy tensions will affect the operating environment of Aspocomp and its customers in the 2024 fiscal year.
IDTechEx Explores the Role of 3D Cu-Cu Hybrid Bonding in Powering Future HPC and AI Products
04/18/2024 | PRNewswireSemiconductor packaging has evolved from traditional 1D PCB levels to cutting-edge 3D hybrid bonding at the wafer level, achieving interconnecting pitches as small as single micrometers and over 1000 GB/s bandwidth. Key parameters, including Power, Performance, Area, and Cost, are crucial considerations
SIA Applauds CHIPS Act Incentives for Samsung Manufacturing Projects in Texas
04/16/2024 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Department of Commerce and Samsung.
Renesas Commences Operations of Kofu Factory as Dedicated 300-mm Wafer Fab for Power Semiconductors
04/15/2024 | RenesasRenesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced that it has started operations at its Kofu Factory, located in Kai City, Yamanashi Prefecture, Japan.