Cohu (NASDAQ: COHU), a Poway, CA-based supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, acquired MCT Worldwide, a Minneapolis, MN-based provider of semiconductor test handler automation equipment.
The amount of the deal was not disclosed.
MCT becomes part of Cohu’s test handler group, adding strip, film-frame and laser marking to Cohu’s product portfolio, and critical technologies that will accelerate development into the growing advanced package test market. The acquisition is expected to be neutral to Cohu’s near term financial results and projected to be accretive beginning in 2024 after realizing operating synergies.
Founded in 1972, MCT Worldwide makes and supports integrated circuit handling equipment for use worldwide. The company looks to leverage its expertise in automation, robotics and machine learning to provide solutions across the semiconductor and electronics manufacturing and test process.
Led by CEO Luis Müller, Cohu is a global technology company supplying test, automation, inspection and metrology products and services to the semiconductor industry.
FinSMEs
31/01/2023