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Cohu Inc To Acquire Ismeca Semiconductor Holding SA From Schweiter Technologies AG


Monday, 10 Dec 2012 12:00am EST 

Cohu Inc announced that it has agreed to acquire Ismeca Semiconductor Holding SA (Ismeca) from Schweiter Technologies AG for $54.5 million, plus acquired cash, to be funded out of Cohu’s existing cash reserves. The transaction is subject to certain closing conditions and is expected to be completed during Cohu's first fiscal quarter of 2013. 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. 

Company Quote

12.4
-0.07 -0.56%
20 Aug 2014