Advantest Completes Buyout of Credence Systems GmbH
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TOKYO, Aug. 27 /PRNewswire-FirstCall/ -- Advantest Corporation, the
world's leading semiconductor test equipment manufacturer, has completed its
buyout of Credence Systems GmbH (CSG), a manufacturer of test systems for
automotive semiconductors. The contract to acquire CSG was signed in June of
this year. All closing conditions have been met, including the approval of
German antitrust authorities, and the transaction was closed on August 26th,
German time.
As of August 26th, CSG will operate as follows, under a new name:
1. New company name: Advantest Europe Systems GmbH
2. Location: Amerang, Germany
3. Company officer (position): Josef Schraetzenstaller (managing director)
Currently: Executive officer of Advantest Corporation
Managing director of Advantest (Europe) GmbH
4. Business Description: Development, manufacture, sale, maintenance and
import/export of test equipment and other electronic devices in the
semiconductor manufacturing sector.
Note: All information supplied in this release is correct at the time of
publication, but may be subject to change without warning.
About Advantest
Advantest Corporation is the world's leading automatic test equipment
supplier to the semiconductor industry, and also produces electronic
instruments and systems. A global company, Advantest has long offered total
ATE solutions, and serves the industry in every component of semiconductor
test: tester, handler, mechanical and electrical interfaces, and software. Its
logic, memory, mixed-signal and RF testers and device handlers are integrated
into the most advanced semiconductor production lines in the world. Founded in
Tokyo in 1954, Advantest established its first subsidiary in 1982, in the USA,
and now has subsidiaries worldwide. Among them, Advantest America, Inc. is
based in Santa Clara, CA., Advantest (Europe) GmbH is based in Munich,
Germany, and Advantest Taiwan Inc. is based in Hsinchu, Taiwan. More
information is available at www.advantest.co.jp
SOURCE Advantest Corporation
Advantest Corporation, Public and Investor Relations Section, +81-3-3214-7500;
or Advantest (Europe) GmbH, Corporate Communications, +49-89-99312-0
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