NIMES, France, April 15, 2016 /PRNewswire/ --
Delivering leading-edge full process control tools and software for advanced semiconductor manufacturing & enabling more than Moore to become a reality
FOGALE Nanotech today announced that it has acquired Altatech, a specialized technology leader in the development of wafer inspection and material deposition tools for semiconductor manufacturing. Altatech SAS has headquarters in Grenoble, France, located in the center of the French Silicon Valley with a commercial subsidiary in Germany.
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This strategic acquisition uniquely positions Fogale Nanotech to provide the full range of inspection and metrology tools to address high throughput 2D, 3D and full wafer inspection for 3D IC TSV, advanced packaging, MEMS, LED and Substrate applications.
It offers a strong operational capability to better serve our clients through a complementary portfolio of products and solutions in the field of Advanced Semiconductors.
Commenting on this announcement, Patrick Leteurtre, Chief Executive Officer of FOGALE Nanotech, said: "The Altatech acquisition is superbly aligned with Fogale Nanotech group's strategy to incubate, develop and accelerate commercial and industrial growth of product subsidiaries. Altatech brings its own innovative technologies and products to address the growing advanced semiconductor manufacturing market which will become mainstream following support announced by major semiconductor product leaders."
The Board of Fogale Nanotech has unanimously approved this transaction.
By leveraging Fogale Nanotech's strong portfolio of products and customers, the combined comprehensive solution will lead to additional sales, and reinforce Fogale Nanotech's position as a key player in the fast-growing inspection and metrology process control market for advanced semiconductor back-end manufacturing.
Thanks to this acquisition, new synergies will:
- Support the development and production of the most advanced technologies for both front end and mid/back-end applications, with a focus on customer yield improvement,
- Bring necessary critical mass and strong financial strength to drive leadership positioning in the demanding metrology, inspection and deposition business for the semiconductor manufacturing industry,
- Create an extensive, high quality intellectual property and technology portfolio, in line with Fogale Nanotech's long-term strategy to expand its in house technologies and its own IP portfolio,
- Expand Fogale Nanotech's customer base in the advanced semiconductor manufacturing industry.
At closing, Fogale Nanotech paid a fixed price in cash in consideration for 100% of the shares of Altatech SAS.
Contact:
Maryse de Wever
marysedewever@yahoo.fr
Tel : +33-6-58-23-27-06
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