Kulicke & Soffa Industries Will Buy Cerprobe for $225 Million
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Scott Kulicke
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Willow Grove, Pa.-In a move aimed at
further diversification, Kulicke & Soffa
Industries, the world's largest supplier of
chip assembly equipment, has announced
that it plans to buy Cerprobe Corp. for
$225 million.
Publicly traded Cerprobe, headquartered
in Gilbert, Ariz., is a large provider
of semiconductor interconnect products
including probe cards and contactors.
In 1999, Cerprobe acquired socket-maker
OzTek of Hayward, Calif.
The acquisition
price is based on a
cash tender offer at
$20 for each share of
Cerprobe common
stock. The purchase
has been approved
by the boards of
directors of both
companies.
"Today K&S drives interconnect solutions
that stretch the limits of existing
wafer probe and IC socket technology,"
said chairman and CEO C. Scott Kulicke.
"The acquisition of Cerprobe will
allow K&S to accelerate development in
this area in support of our strategy of
offering the most complete, capable and
cost-effecitve interconnect solutions to
our customers." [kns.com]
Cognex Scores Record $13M
Order from Japan's Shinkawa
Natick, Mass.-Japanese assembly
equipment giant Shinkawa recently
placed a record $13 million order with
Cognex for vision systems which will be
integrated into Shinkawa's die attach,
wire and tape bonding equipment.
The order is the largest ever received
by Cognex from any customer since it
began in 1981. The second largest order,
also from Tokyo-based Shinkawa, was for
$12 million placed last year. The Japanese
firm also ordered $6 million in vision
systems from Cognex in May.
Cognex said Shinkawa will take deliv-ery
of all vision systems covered by the
most recent order during a seven-month
period which began in October.
"This substantial order is a clear
indication that demand remains very
strong for our customers in the semiconductor
capital equipment industry," said
Dr. Robert J. Shillman, Cognex president
and CEO. [cognex.com]
3M Aquires W.L. Gore's Packaging Business
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These multilayer ICs were produced at W.L. Gore and Associates' Eau Claire, Wis. facility.
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Austin, Texas-
3M has acquired
W.L . G o re &
Associates' high
density, multi-layer
IC packaging
business,
located in Eau
Claire, Wis.
The deal is
subject to regulatory
approvals.
Financial terms
were not disclosed.
3M said Gore's
Eau Claire operation
is "an important strategic fit"
and compliments 3M's flexible circuit
business, based in Austin.
The more-than-300-employee business
will become a unit of 3M's
Electronic Products division. The
division currently makes 3M brand
Microflex Circuits. Paul Fischer will
continue to head the new business,
which will remain in Eau Claire.
"With the addition of 3M's market
presence in Asia and Europe, we
expect to continue our dramatic
growth," Fischer said. [3m.com]
EtroniX Replaces Traditional NEPCON West Show
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Compared to past NEPCON shows, this year's event sported a disappointing turnout of both exhibitors and attendees.
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Anaheim, Calif.-NEPCON, the 30-year-old
tradeshow that has become an annual
tradition for electronics manufacturing,
has been re-invented for 2001 as five
"industry-related events" by sponsor
Reed Exhibition Companies.
Now called "EtroniX," the event supersedes
NEPCON's February 25-March 1
occupancy of the Anaheim Convention
Center. NEPCON fell victim to IPC
SMEMA Council's successful introduction
of APEX last March.
IPC, along with several large equipment
makers, notably Speedline Technologies,
formed APEX in 1999 as an alternative to
NEPCON, which many manufacturers
felt was overpriced at $38 square foot for
exhibit space. As a result, almost all large
equipment makers boycotted NEPCON
this year in favor of APEX.
EtroniX will feature:
- AP International, advanced packaging
and wafer-level technologies
- Design Expo, a
complete electronics
design tools and
services event
- e/manufacturing
expo, IT and e-commerce
products
and services for
supply chain management
- EvaluTech, test and
inspection equipment,
instruments,
software and supplies
for process evaluation
- NEPCON Production and Support,
equipment, tools and supplies for the
electronics production process,
including electronics manufacturing
services.
According to REC, "The EtroniX conference
program and show floor are
organized to mirror the flow of technology
in the electronics manufacturing industry.
Each show within EtroniX will be verti-cally
marketed to the relevant audience
served by the event." [etrnixexpo.com]
Vendors Form Standards Consortium for WLP Process Equipment
Berlin, Germany-A group of semicon-ductor
equipment makers have formed
a consortium to develop standards for
wafer bumping and wafer-level packaging
equipment. The Berlin-based Fraunhofer
Institute for Reliability and Micro-integration
(IZM) will serve as consultant
and technical link.
Operating under the name "SECAP"
(Semiconductor Equipment Consortium
for Advanced Packaging), the group will
address current challenges in semicon-ductor
packaging. One immediate initiative
will be to develop and validate process
equipment for conversion to high-density
interconnect and 300-mm wafer technology.
Initial SECAP members are Image
Technology, Karl Suss, Semitool and
Unaxis (formerly Balzers Process Systems).
Members will share market research
data, define process and tool interfacing
and jointly develop technology road-maps.
The consortium says it "welcomes
new members who are leaders in their
product category."
The consortium's formation was
announced during SEMICON Taiwan.
[fraunhofer.de]
Chaukay and Young Establish
ACI, Chip Assembly Brokerage
Santa Clara, Calif.-Tink Dempsey
Young and Lloyd Chuakay have formed
Assembly Connections International, a
partnership.
ACI will act as a broker for several
integrated circuit packaging foundries and
will also accept assembly jobs on behalf
of Philippines-based Assembly Solutions
Inc., a surface-mount assembler in Manila,
which is partly owned by ACI.
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Tink Young
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Industry veteran
Young was most
recently vice president
of marketing
for MEMS Inc.,
Fremont, Calif., a
micro-electromechanical
systems
start-up. Earlier
she held executive
posts with Hana USA and Stars USA.
Chuakay earlier was vice president
of North American sales for Fastech,
Manila.
Young said ACI will provide North
American sales and marketing support
for Philippines-based IC assemblers
ASET and CIRTEK Inc.
ACI is located at 2118 Walsh Ave.,
Suite 100, Santa Clara, CA 95050, phone
408.970.4781, fax 408.970.4783.
ECD Inc. Signs Agreement to Buy Saunders Technology Inc.
Milwaukie, Oregon-ECD Inc., a supplier of
data collection, process monitoring and control
products, has signed a letter of intent to
buy Saunders Technology Inc. of Hollis N.H.
Saunders also makes products for temperature
profiling, including temperature
probes and profiler carriers. Terms of the
pending acquisition were not disclosed.
Indium Promotes Tony Howard
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Tony Howard
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Utica, N.Y.-Tony
Howard has been
appointed European
sales manager for
the Indium Corp. of
America, based in
Scotland.
Howard joined
ICA in 1998 from
Compaq Computer,
where he was a senior engineer and a
member of Compaq's worldwide technical
committee. [indium.com]
MCT Offers 3 Million Shares
St. Paul, Minn.-Micro Component
Technology Inc. (NASDAQ:MCTI), a
supplier of semiconductor test handling
systems, is offering 3 million shares of its
common stock at $6.50/share. All shares
are being sold by the company.
Proceeds from the sale will be used for
working capital, new product development
and general corporate purposes. [mct.com]
Tessera Files for IPO of 7.5 Million Shares
San Jose-Tessera Inc., the developer of the µBGA package, will offer 7.5 million shares in an initial public offering, representing 19% of its common stock, at a price ranging between $10-$12/share.
The company expects to receive about $75 million from the offering. For the nine months ending September 30, Tessera reported a net loss of $21.5 million on revenues of $8.3 million. The company plans to trade as "TSRA" on the Nasdaq National Market. [tessera.com]
ESEC's AT OperationMoves to Larger Quarters
Apex, N.C.-ESEC's Advanced Transfer
operation (formerly Zevatech) has moved
to new facilities in the Raleigh-Durham
area, increasing manufacturing space by
half and doubling the space available to
R&D and applications engineering. The
new facility is located at 2501 Schieffelin
Rd., Suite 114, Apex, N.C., 919.362.8623.
[esec.com]